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

Price elasticity of supply — practice question

What does price elasticity of supply mean?

  • Athe change in the quantity supplied when a price changes
  • Bthe change in the quantity supplied when demand changes
  • Cthe comparison of the proportionate change in supply to the proportionate change in demand
  • Dthe comparison of the proportionate change in supply to the proportionate change in price

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