An economist studying the market for wild Alaskan salmon determines the price elasticity of supply to be 0.43. a. In this case, the price elasticity of supply is said to be: inelastic. elastic. unit-elastic. b. A 10% increase in price will lead to: exactly a 10% increase in quantity supplied. a more than 10% increase in quantity supplied. a less than 10% increase in quantity supplied.
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