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Business, 30.07.2019 12:00 mshepherdmiller

Ashoe factory has an elasticity of supply of .5 as the price of shoes rises from $50 to $75. if the factory produced 100,000 shoes at a market price of $50, how many will be produced at the new price? 75,000 200,000 125,000 400,000

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Ashoe factory has an elasticity of supply of .5 as the price of shoes rises from $50 to $75. if the...
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