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Price Elasticity of Supply and its Determinants

AP.MICRO: MKT‑3 (EU), MKT‑3.E (LO), MKT‑3.E.7 (EK), MKT‑3.E.8 (EK), MKT‑3.E.9 (EK)


Quinn's Cupcake shop has a price elasticity of supply of 3, point, 75.
Which of the following statements is the correct interpretation of this price elasticity of supply?
Choose 1 answer: