Economics (AS & A Level) · Oct / Nov 2025 · Paper 13 · Question 10
9708Price elasticity of supply
Four firms produce furniture. The table shows the price elasticity of supply (PES) for each firm. If the price of furniture rises by 5% which firm would experience an increase in quantity supplied of 2.5%?
- A2.5
- B2.0
- C0.6
- D0.5
As printed in the paper
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Correct answer: D. 0.5
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