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Question about price elasticity of supply

Food stamps programs serve only to drive food prices higher, not increase the quantity of food available to the poor.â? What would the elasticity of supply have to be for this statement to be true? What would the elasticity of supply have to be for a food stamp program to increase the availability of food to the poor with no prices increase?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9202731

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