Business, 14.11.2019 01:31 burritomadness

An economist studying the market for wild alaskan salmon determines the price elasticity of supply to be 0.43. a. in this case, the price elasticity of supply is said to be: inelastic. elastic. unit-elastic. b. a 10% increase in price will lead to: exactly a 10% increase in quantity supplied. a more than 10% increase in quantity supplied. a less than 10% increase in quantity supplied.

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