Question: Use the following graph to answer the question below. A graph depicts variation of price on vertical axis with quantity demanded on horizontal axis.An increasing

Use the following graph to answer the question below. A graph depicts variation of price on vertical axis with quantity demanded on horizontal axis.An increasing line from the origin, labeled S is drawn with data point (6, 2) labeled A and data point (12, 4) labeled B. Using the regular percentage change formula, what is the price elasticity of supply when moving from point A to point B? Multiple Choice 1 3 2 1/3

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