Economics (AS & A Level) · May / June 2026 · Paper 12 · Question 6
9708Price elasticity of supply
If the price elasticity of supply for a good is three and the price of the good increases by 10%, what is the increase in quantity supplied?
- A3%
- B7%
- C30%
- D33.3%
As printed in the paper
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Correct answer: C. 30%
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