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Business, 14.05.2021 18:00 ely093

Suppose that an increase in the price of melons from $0.50 to $1.50 per pound increases the quantity of melons that melon farmers produce from 2 million pounds to 4 million pounds. The price elasticity of supply in this case indicates that supply is Group of answer choices

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Suppose that an increase in the price of melons from $0.50 to $1.50 per pound increases the quantity...

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