Question 1 (1 point) From which of the following data might you estimate own price elasticity of supply? steel productio

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Question 1 1 Point From Which Of The Following Data Might You Estimate Own Price Elasticity Of Supply Steel Productio 1 (79.42 KiB) Viewed 60 times

Question 1 (1 point) From which of the following data might you estimate own price elasticity of supply? steel production and sales rise 18% when national income grows 13% a price hike from $7 to $13 causes sales to fall from 16,000 shirts to 8,000 shirts monthly Ford car production increases when Toyota sales fall because Nissan raises prices the output of tennis balls slumps 8% when the prices of racquets go up 12% farmers increase soybean plantings 15% when the price of soya increases 5%