Compute coefficient of price elasticity for goldsboro supply
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What was the highest price during the last 12 months? The lowest price? Assume the price fluctuations observed resulted exclusively from changes in demand.
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Is cross elasticity of demand between the two products positive or negative? Are these products substitutes or complements?
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Compute the coefficient of price elasticity (midpoints approach) for Goldsboro's supply. Is its supply elastic, or is it inelastic?
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If the former, when and where was the latest ministerial meeting? If the latter, what are the main features of the agreement?
A cheque of Rs. 1,000 which was received from a customer was entered in; the bank column of cash book in March, 1979.
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