begin array c c Price N amp 20 amp 16 hline tex... - JAMB Economics 2016 Question
(\begin{array}{c|c}
Price (N) & 20 & 16 \
\hline
\text{Quantity demanded} & 100 & 58
\end{array})
From the table above, the elasticity of supply is_____?
A
Inelastic supply
B
Perfectly elastic
C
Elastic supply
D
Unitary elastic
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Correct Option: C
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