Describe what do you mean by the price elasticity of supply

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Price Elasticity help

The price of coal increases from $1250/ton to $1400/ ton, the quantity supplied increased from 2000 to 2050 tons per day. What is the price elasticity of supply?

Reference no: EM1328782

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Describe what do you mean by the price elasticity of supply : Describe what do you mean by the price elasticity of supply.

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