Business, 11.03.2020 01:30 kellysmith45

Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The price elasticity of supply, using the midpoint formula, is:

A 1.66.
B 1.50.
C 0.66.
D 0.60.

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Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied incr...

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