Talk:Price elasticity of supply
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Excerpt:
- ... the price elasticity of demand would be 20%/-10% = 2.
This is mathematically incorrect. 20%/-10% = -2. If there is a tendency to quote such numbers without the negative sign (as mentioned in Price elasticity of demand), then this should be stated. -- Jeff Q 20:03, 24 Mar 2004 (UTC)
- Thanks for fixing that, Gingekerr. Sorry it took me so long to notice the fix. -- Jeff Q 19:24, 26 May 2004 (UTC)