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Back to Library QID: #5878

Solution for QID #5878: At a price of $300, a cell phone company manufactures 100,00 | StudyHelpMe

Subject: Economics
Status: Verified Solution
At a price of $300, a cell phone company manufactures 100,000 phones. At a price of $400, the company produces 300,000 phones. What is the price elasticity of supply? (Round your answer to two decimal places.)
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