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The price of soap rose from $10 to $20 causing a trader to increase her...

Economics
WAEC 2021

The price of soap rose from $10 to $20 causing a trader to increase her supply from 50 to 120 boxes per week. This makes supply_________

  • A. Unitary elastic.
  • B. Perfectly inelastic.
  • C. Fairly elastic.
  • D. Inelastic.
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Correct Answer: Option C
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