If the demand for a good is perfectly elastic and its price is $20, how much would

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If the demand for a good is perfectly elastic and its price is $20, how much would its price be if its supply doubled?

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:01 AM

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If the demand for a good is perfectly elastic and its price is $20, how much would its price be if its supply doubled? (Hint: Draw a graph.)?"
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If the demand for a good is perfectly elastic and its price is $20, how much would

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Microeconomics

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