If Price Increases from 10 Pence to 12 Pence and the Quantity

question 3

Multiple Choice

If price increases from 10 pence to 12 pence and the quantity supplied doubles, what is the price elasticity of supply?

• A) + 0.2
• B) + 5
• C) + 2.5
• D) - 2.5

---

Definitions:

Incest

Sexual relations between family members or close relatives that are considered taboo by societal norms.

Extrafamilial

Occurring or existing outside the family unit; involving persons who are not members of one's family.

Verbal Cues

Elements of communication expressed through spoken words that convey messages or suggestions, often used to signal or emphasize ideas.

Nonverbal Cues

Forms of communication without words, such as gestures, facial expressions, and body language, which convey messages or emotions.