Suppose the price elasticity of supply for crude oil is 2.5. how much would price have to rise to increase the quantity supplied by 20%? 45% 8% 20% 12.5%
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Home » Business » Suppose the price elasticity of supply for crude oil is 2.5. how much would price have to rise to increase the quantity supplied by 20%? 45% 8% 20% 12.5%