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View Full Version : Calculate the elasticity of supply when an increase in demand causes the equilibrium


mjmartinez66
Jan 27, 2015, 10:16 AM
Calculate the elasticity of supply when an increase in demand causes the equilibrium price and quantity to change from $2.00 and 500 to $2.80 and 1,000, respectively.

talaniman
Jan 27, 2015, 10:23 AM
What have you come up with so far?