question archive If an increase in price from $1 to $2 per unit leads to an increase in quantity supplied from 20 to 100 units then the value of price elasticity of supply is
If an increase in price from $1 to $2 per unit leads to an increase in quantity supplied from 20 to 100 units then the value of price elasticity of supply is
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If an increase in price from $1 to $2 per unit leads to an increase in quantity supplied from 20 to 100 units then the value of price elasticity of supply is. Choose the correct answer.
a. 0.38
b. 2
c. 2.67
d. 4
e. 8
Option 1
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