Suppose the price elasticity of supply for crude oil is 2. 5. How much would price have to rise to increase production by 20 percent?.

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# Suppose the price elasticity of supply for crude oil is 2. 5. How much would price have to rise to

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Suppose the price elasticity of supply for crude oil is 2. 5. How much would price have to rise to increase production by 20 percent?.