Suppose the price of apples goes up from 20 to 24 a box in
Suppose the price of apples goes up from $20 to $24 a box. In direct response, Goldsboro Farms supplies 1,400 boxes of apples instead of 1,200 boxes. Compute the coefficient of price elasticity (midpoints approach) for Goldsboro’s supply.
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suppose the price of apples goes up from 20 to 24 a box in direct response goldsboro farms supplies 1400 boxes of
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