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Back to Library QID: #5925

Solution for QID #5925: The price of raisins drops from $18 to $5 per kilogram. As a | StudyHelpMe

Subject: Economics
Status: Verified Solution
The price of raisins drops from $18 to $5 per kilogram. As a result of this change the quantity supplied drops from 291 to 191 kilograms of raisins. What is the price elasticity of supply?
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