Suppose a new manufacturing technology results in an expansion in the supply of golf balls in the Un… Show more Suppose a new manufacturing technology results in an expansion in the supply of golf balls in the United States of 15%. If the elasticity of demand of golf balls sold in the U.S. is -0.4, the new equilibrium price will be A 0.375% lower B 16% lower C 37.5% higher D 37.5% lower • Show less