Economics 0455 · IGCSE · Price elasticity of supply (PES)

Price elasticity of supply (PES) — practice question

The table presents the supply schedule for a good. What is the price elasticity of supply when price rises from $1$ to $3$?

  • A$0.5$
  • B$0.66$
  • C$1.5$
  • D$2.0$

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