sheccidmariscal87551 sheccidmariscal87551
  • 11-01-2024
  • Mathematics
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If the price elasticity of supply of cotton is 1, then if the price of cotton goes down by 5 percent, the quantity of cotton supplied will _____
a) Increase by 1 percent
b) Decrease by 1 percent
c) Remain constant
d) Increase by 5 percent

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