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At a price of $300, a cell phone company manufactures 200000 phones. At a price of $400, the company produces 400000 phones. What is the price elasticity of supply? (Round your answer to two decimal places.
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At a price of $300, a cell phone company manufactures 200000 phones. At a price of $400, the company produces 400000 phones. What is the price elasticity of supply? (Round your answer to two decimal places.)

User Laksitha Ranasingha
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6 votes

Answer:

150000 for every 175$

Step-by-step explanation:

User Davidoff
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