If the unit price of aluminum is 10 , the slope of the supply curve is closest
Question:
If the unit price of aluminum is 10 , the slope of the supply curve is closest to:
A. 0.04 .
B. 1.30 .
C. 26.00 .
A producer's supply function is given by the equation:
\[
Q_{s}^{s}=-55+26 P_{s}+1.3 P_{a}
\]
where is the quantity of steel supplied by the market, is the per-unit price of steel, and is the per-unit price of aluminum.
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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