What is the price elasticity of supply for ampiclox, Biology

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What is the price elasticity of supply for ampiclox

Problem: Suppose the price of Ampiclox (an antibiotic) increases by 8 percent and producers respond by increasing the quantity supplied by 20 percent.

a. What is the price elasticity of supply for Ampiclox?

b. True or false: Producers are not responsive to price change.

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