7 The diagram shows the supply curve for a good.
price
(\([tex]$)
S
12-
10-
0
100 140
quantity
(units)
What is the price elasticity of supply when the price rises from $\)[/tex]10 to $12?
A 0.5
B
0.75
C 1.4
D 2.0
price
(\([tex]$)
S
12-
10-
0
100 140
quantity
(units)
What is the price elasticity of supply when the price rises from $\)[/tex]10 to $12?
A 0.5
B
0.75
C 1.4
D 2.0