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The elasticity of supply of roses is 1.8. In the market for​ roses, ___________.

A. the supply of roses will double if the price rises by 36 percent
B. the price will rise by 18 percent if rose growers increase the quantity supplied by 10 percent
C. if the price​ doubles, rose growers will increase the supply of roses by 36 percent
D. a 10 percent increase in the price increases the quantity of roses supplied by 18 percent

asked
User Colum
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8.0k points

2 Answers

2 votes

Answer:

D

Step-by-step explanation:

answered
User Aakash Garg
by
8.1k points
7 votes

Answer:

I think its D.im sorry if not

answered
User Paul Gordon
by
8.3k points
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