question archive A 6 percent increase in the price of a good increased the quantity supplied of the good by 3 percent after one month
A 6 percent increase in the price of a good increased the quantity supplied of the good by 3 percent after one month
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A 6 percent increase in the price of a good increased the quantity supplied of the good by 3 percent after one month.
Supply of this good is_.
A. decreasing
B. increasing
C. unit elastic
D. elastic
E. inelastic
Option 1
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