Business, 06.10.2019 01:00, qdogisbeast6132

Consider the market for a natural resource, where the price is initially $20,000 per ton and 40,000 thousand tons are supplied. suppose the price of the resource falls to $18,000 per ton, at which price the market supplies 39,500 thousand tons. what is the price elasticity of supply between these prices?

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Consider the market for a natural resource, where the price is initially $20,000 per ton and 40,000...