Color television prices rise by 10 percent, and in response the quantity of those TVs supplied increases by 6 percent. The supply elasticity for color television sets in that price range is
A) 0.6.
B) 1.66.
C) 6.0.
D) -1.66.

Question

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The Answer of Color television prices rise by 10 percent, and in response the quantity of those TVs supplied increases by 6 percent. The supply elasticity for color television sets in that price range is
A) 0.6.
B) 1.66.
C) 6.0.
D) -1.66.

Color Television Prices Rise by 10 Percent, and in Response