Assume a good where its equilibrium price is 40 and its
Assume a good where its equilibrium price is 40 and its equilibrium quantity is 3.0 units. Compute the supply surplus when price is 60. Take into consideration that the elasticity of supply is 1 and the elasticity of demand (-1).
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assume a good where its equilibrium price is 40 and its equilibrium quantity is 30 units compute the supply surplus
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