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Question
An increase in the price of golf clubs from $75 to $125 led to an increase in quantity supplied from 200 units to 300 units. The price elasticity of supply for golf club is _____ so the supply curve is _______.A. 2; elastic
B. 2; inelastic
C. 4/3; elastic
D. 3/4; inelastic
Answer
This answer is hidden. It contains 108 characters.
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