Exhibit 19-3 Refer to Exhibit 19-3. When price decreases from $1.50 to $0.50, the price elasticity of supply is
A)0.
B)1.0.
C)5.0.
D)0.1.
E)0.5.

Name: Exhibit 19-3 Refer to Exhibit 19-3. When price decreases from $1.50 to $0.50, the price elasticity of supply is A)0. B)1.0. C)5.0. D)0.1. E)0.5.
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Question

Exhibit 19-3  Refer to Exhibit 19-3. When price decreases from $1.50 to $0.50, the price elasticity of supply is
A)0. 
B)1.0. 
C)5.0. 
D)0.1. 
E)0.5.

Quizplus · Accepted Answer

The Answer of Exhibit 19-3  Refer to Exhibit 19-3. When price decreases from $1.50 to $0.50, the price elasticity of supply is
A)0. 
B)1.0. 
C)5.0. 
D)0.1. 
E)0.5.