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  7. 2010/2011 Model 1
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  9. Q8
Question 8

Price elasticity of supply is a ratio of the change in

  • A.Prize to the change in quantity supplied
  • B.Quantity supplied to the change in demand
  • C.Original quantity to a change in a new quantity
  • D.None of the above
Objective

Question details

Exam body
UNIPORT
Subject
Economics
Year
2010/2011 Model 1
Question no.
#8
Type
Objective
Previous · Q7The major strategy used by OPEC to influence oil price is by Next · Q9 Price can be defined as

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