Business, 18.02.2020 17:30, ladysloveme3p7a86r

When the price of widgets is $8 the quantity supplied is 240 units. When the price rises to $10, the quantity supplied increases to 300 units. Using the midpoints formula, the price elasticity of supply is:.a. 5.
b. 0.25.
c. 20.
d. 0.5.
e. 1.0.

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When the price of widgets is $8 the quantity supplied is 240 units. When the price rises to $10, the...