NSERT DESIGN TRANSTIONS ANMATIONS SIDE SHOW RIVEW VIRW 2. If the price of Rice increases by 10%, and the supply increases by 20%. What is the PES? Comment on your answer 3. If the price of Oranges falls 12% and the quantity supplied falls 2%. What is the PES? Comment on your answer

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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ELEVENTS 3ES PinePunt
ALE
HOME
NSERT
DESIGN
TRANSTONS
ANMATIONS
SUDE SHOW
REVEN
VIEW
Sign
2. If the price of Rice inereases by 10%, and the supply increases by
20%. What is the PES? Comment on your answer
3. If the price of Oranges falls 12% and the quantity supplied falls 2%.
What is the PES? Comment on your answer
Click to add notes
Transcribed Image Text:ELEVENTS 3ES PinePunt ALE HOME NSERT DESIGN TRANSTONS ANMATIONS SUDE SHOW REVEN VIEW Sign 2. If the price of Rice inereases by 10%, and the supply increases by 20%. What is the PES? Comment on your answer 3. If the price of Oranges falls 12% and the quantity supplied falls 2%. What is the PES? Comment on your answer Click to add notes
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