The figure shows the supply curve of lead Between points A and B, the elasticity of supply is OA. 59, elastic OB 95, inelastic OC. 9/5, elastic OD. 59, inelastic so the supply of lead is 8.00 400 500 4.00 100 2004 100 0.00 Price de Q

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The figure shows the supply curve of lead
Between points A and B, the elasticity of supply is
OA. 59, elastic
OB 95, inelastic
OC. 95, elastic
OD. 59, inelastic
so the supply of lead is
100
4.00
500
400
100
200
196
0.00
Price (
Quartty ime
Q
C
Transcribed Image Text:The figure shows the supply curve of lead Between points A and B, the elasticity of supply is OA. 59, elastic OB 95, inelastic OC. 95, elastic OD. 59, inelastic so the supply of lead is 100 4.00 500 400 100 200 196 0.00 Price ( Quartty ime Q C
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