Business, 01.11.2019 16:31 FoxodyGirl7134
Afirm’s elasticity of supply is 0.5. at the original market price of $10, the quantity supplied by the firm is 500 units. the market price then rises to $11.
what will be the firm’s revenue after the price rise in price by calculating? explain your answer and show your calculation.
Answers: 1
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Afirm’s elasticity of supply is 0.5. at the original market price of $10, the quantity supplied by t...
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