The following data table relates to the supply schedule of a product. Over which of the following price ranges is the price-elasticity of supply greater than 1?
A)$10 to $15
B)$15 to $20
C)$20 to $25
D)$25 to $30

Question

The following data table relates to the supply schedule of a product.  Over which of the following price ranges is the price-elasticity of supply greater than 1?
A)$10 to $15 
B)$15 to $20 
C)$20 to $25 
D)$25 to $30

Quizplus · Accepted Answer

The Answer of The following data table relates to the supply schedule of a product.  Over which of the following price ranges is the price-elasticity of supply greater than 1?
A)$10 to $15 
B)$15 to $20 
C)$20 to $25 
D)$25 to $30

The Following Data Table Relates to the Supply Schedule of a Product