The price elasticity of supply measures how easily labor, Business Economics

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The price elasticity of supply measures how easily labor

The price elasticity of supply measures how: A. easily labor and capital can be substituted for one another in the production process. B. responsive the quantity supplied of X is to changes in the price of X. C. responsive the quantity supplied of Y is to changes in the price of X. D. responsive quantity supplied is to a change in incomes.

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