Economics 2281 · O Level · Price elasticity of supply (PES)

Price elasticity of supply (PES) — practice question

The diagram illustrates the supply curve for a good. What is the price elasticity of supply when the price increases from $10$ to $12$?

  • A$0.5$
  • B$0.75$
  • C$1.4$
  • D$2.0$

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