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 _______________ - SchoolNGR

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The price of soap rose from $10 to $20 causing a trader to increase her supply from 50 ...

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 _______________

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Unitary elastic.
B Perfectly inelastic.
C Fairly elastic.
D Inelastic.

Correct Answer: Option C

Explanation:

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