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The elasticity of supply tells us: a) the change in quantity produced due to a change in consumer income

Economics

The elasticity of supply tells us:

a) the change in quantity produced due to a change in consumer income.

b) the change in quantity produced due to a change in income taxes.

c) the change in quantity produced due to a change in product prices.

d) the change in quantity produced due to technological change.

Option 1

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Option 2

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