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

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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_________

  • Unitary elastic.
  • Perfectly inelastic.
  • Fairly elastic. checkmark
  • Inelastic.

The correct answer is: C

Explanation

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