the price of elasticity of suppy is 1.2, and the price increases by 3 percent. As a result, the quantity supplied will increase by __ percent. ( Enter your response as a real number rounded to one decimal place, and do not use a percentage sign.)
the price of elasticity of suppy is 1.2, and the price increases by 3 percent. As a result, the quantity supplied will increase by __ percent. ( Enter your response as a real number rounded to one decimal place, and do not use a percentage sign.)