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If a price of a good falls from 13 to 10 and supply for same good falls from 50 units to 20 units find the elasticity of supply

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 24SQ: Suppose that when price is 10, quantity supplied is 20 units, and when the price is 6, the quantity...

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If a price of a good falls from 13 to 10 and supply for same good falls from 50 units to 20 units find the elasticity of supply

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