Multiple Choice
The correct mathematical statement of the price elasticity of supply is ________,where P is the price of the good and Q is the quantity supplied.
A) (
P/P) /(
Q/Q)
B) (
Q/Q) /(
P/P)
C)
P/
Q
D)
Q/
P
E) (
P/P) /
Q
Correct Answer:
Verified
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