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If the price elasticity of supply is 0.2, and a price increase led to a 3% increase in quantity supplied, then the price increase is about a. 0.07%. Ob. 0.60%. c. 6%. d. 15%.
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Jun 23, 2024
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If the price elasticity of supply is 0.2, and a price increase led to a 3% increase in quantity supplied, then the price increase is about a. 0.07%. Ob. 0.60%. c. 6%. d. 15%.
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Answer:
b
Step-by-step explanation:
bc if it's 0.2 and increase 3
Zdd
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Jun 30, 2024
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