fatima287 fatima287
  • 22-11-2020
  • Business
contestada

What is the price elasticity of supply when the price rises from $2 to $4

Respuesta :

rahini rahini
  • 22-11-2020
To calculate PES u also need to give the change in quantity supplied.(which isn’t there in the question)
But the formula is

PES = %change in quantity supplied / % change in price
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