Elasticity of supply is measured by dividing the percentage change in quantity supplied of a good by .
A. percentage change in income
B. percentage change in quantity demanded of good
C. percentage change in price
D. percentage change in taste and preference
Answer:C
Elasticity of supply is measured by dividing the percentage change in quantity supplied of a good by .
A. percentage change in income B. percentage change in quantity demanded of good C. percentage change in price D. percentage change in taste and preference