Solved: Out of season he raises prices to cover his costs to 300, Basic Computer Science

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Out of season he raises prices to cover his costs to 300

Farmer Jones sells strawberries. When they are in season, he sells 100 boxes a day for a $1.00 each. Out of season, he raises prices to cover his costs to $3.00 but he only sells 20 boxes a day. What is the value of his elasticity? Is that elastic or inelastic?

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Basic Computer Science: Out of season he raises prices to cover his costs to 300

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Basic Computer Science: Out of season he raises prices to cover his costs to 300

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