Mathematics
Mathematics, 13.03.2020 22:19, allyssaharrisooy50au

A bakery would be willing to supply 500 bagels per day at a price of $0.50 each. At a price of $0.80, the bakery would be willing to supply 1,100 bagels. Using the midpoint method, the price elasticity of supply for bagels is about
a. 0.62.
b. 0.77.
c. 1.24.
d. 1.63.

answer
Answers: 2

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A bakery would be willing to supply 500 bagels per day at a price of $0.50 each. At a price of $0.80...

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