A candle manufacturer produces 4,000 units when the market price is $11 per unit and produces 6,000 units when the market price is $13 per unit.Using the midpoint method,for this range of prices,the price elasticity of supply is about
A)6.
B)2.4.
C)0.4.
D)0.67.

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The Answer of A candle manufacturer produces 4,000 units when the market price is $11 per unit and produces 6,000 units when the market price is $13 per unit.Using the midpoint method,for this range of prices,the price elasticity of supply is about
A)6.
B)2.4.
C)0.4.
D)0.67.

A Candle Manufacturer Produces 4,000 Units When the Market Price