Refer to the graph above. Over the $5-$6 range, the elasticity of supply using the midpoints formula is:
A) 0.22.
B) 0.88.
C) 1.00.
D) 1.22.

Name: Refer to the graph above. Over the $5-$6 range, the elasticity of supply using the midpoints formula is: A) 0.22. B) 0.88. C) 1.00. D) 1.22.
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Question

Refer to the graph above. Over the $5-$6 range, the elasticity of supply using the midpoints formula is:
A) 0.22. 
B) 0.88. 
C) 1.00. 
D) 1.22.

Quizplus · Accepted Answer

The Answer of  Refer to the graph above. Over the $5-$6 range, the elasticity of supply using the midpoints formula is:
A) 0.22. 
B) 0.88. 
C) 1.00. 
D) 1.22.

Refer to the Graph Above