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If an increase in price of a for bag Results from 90 to 120 an increase in quantity supplied of bag increased from 2400 to 2800 find the elasticity of supply?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If an increase in price of a for bag Results from 90 to 120 an increase in quantity supplied of bag increased from 2400 to 2800 find the elasticity of supply?

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