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Refer to the Accompanying Figure

question 12

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Refer to the accompanying figure. If the price rises from $10 to $14, what will happen to the price elasticity of supply? Refer to the accompanying figure. If the price rises from $10 to $14, what will happen to the price elasticity of supply?   A) It increases. B) It decreases. C) It stays the same. D) This cannot be determined from the information provided.


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