QuestionAugust 4, 2025

The price elasticity of supply is equal to the value of the slope of the supply curve. the percentage change in quantity supplied divided by the percentage change in price the change in quantity supplied divided by the change in price. the percentage change in price divided by the percentage change in quantity supplied.

The price elasticity of supply is equal to the value of the slope of the supply curve. the percentage change in quantity supplied divided by the percentage change in price the change in quantity supplied divided by the change in price. the percentage change in price divided by the percentage change in quantity supplied.
The price elasticity of supply is equal to
the value of the slope of the supply curve.
the percentage change in quantity supplied divided by the percentage change in price
the change in quantity supplied divided by the change in price.
the percentage change in price divided by the percentage change in quantity supplied.

Solution
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Answer

the percentage change in quantity supplied divided by the percentage change in price. Explanation 1. Identify the correct definition The price elasticity of supply is defined as the **percentage change in quantity supplied divided by the percentage change in price**.

Explanation

1. Identify the correct definition<br /> The price elasticity of supply is defined as the **percentage change in quantity supplied divided by the percentage change in price**.
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