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If the price elasticity of supply is 0.2, and a price increase led to a 3% increase in quantity supplied, then the price increase is about a. 0.07%. Ob. 0.60%. c. 6%. d. 15%.

If the price elasticity of supply is 0.2, and a price increase led to a 3% increase in quantity supplied, then the price increase is about a. 0.07%. Ob. 0.60%. c. 6%. d. 15%.
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If the price elasticity of supply is 0.2, and a price increase led to a 3% increase in quantity supplied, then the price increase is about a. 0.07%. Ob. 0.60%. c. 6%. d. 15%.

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User Rebecca Duhard
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1 Answer

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Answer:

b

Step-by-step explanation:

bc if it's 0.2 and increase 3

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User Zdd
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