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The initial price of picture frames is $6, and suppliers offer 20 frames. When the price falls to $4, suppliers offer only 10. Using the
The initial price of picture frames is $6, and suppliers offer 20 frames. When the price falls to $4, suppliers offer only 10. Using the midpoint method, the price elasticity of supply is ________. Group of answer choices 0.40 0.60 0.33 1.67 0.67
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