Economics 9708 · AS & A Level · Price elasticity of supply

Price elasticity of supply — practice question

If the price of cell (mobile) phones goes up from US$100 to US$110 and the quantity supplied rises from 200 to 250, what is the price elasticity of supply?

  • A0.2
  • B0.4
  • C2.5
  • D5.0

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