Question - suppose the price of tires increases from 60 per
Question - Suppose the price of tires increases from $60 per tire to $80. In response, the quantity of tires supplied increases from 5,000 to 40,000 tires. What is the price elasticity of supply for tires?
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question - suppose the price of tires increases from 60 per tire to 80 in response the quantity of tires supplied
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