When the price of the good is 4 the firm is willing to sell
When the price of the good is $4 the firm is willing to sell 500 units. When the price of the good is $8 the firm is willing to sell 1000 units. Calculate the elasticity of supply and identify if it is elastic, unit elastic or inelastic.
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when the price of the good is 4 the firm is willing to sell 500 units when the price of the good is 8 the firm is
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