9708/11 Economics Oct Nov 2023 Online Test | Cambridge AS & A Level Grade MCQ
Cambridge
AS & A Level
Economics (9708)
بهمن
2023
مشاهده نمونه سوال
شامل مباحث:
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
When the price of good X is $\$ 2.00$, the quantity supplied is 100 000. The price elasticity of supply of good X is 0.8 in the short run and 1.4 in the long run. The price of good X increases to $\$ 2.20$.
What is the increase in the quantity supplied of good X between the short run and the long run?