× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
PHaMRoL1952 PHaMRoL1952
wrote...
Posts: 5
Rep: 0 0
7 years ago
Suppose the current price of barley is $70 per tonne and at that price 100,000 tonnes are grown by a Victorian farmer. If the price of barley rises to $30 a tonne and quantity supplied increases to 130,000 tonnes, then using the mid-point method, the price of elasticity of supply for barley equals:
Read 317 times

Related Topics

New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  709 People Browsing
Related Images
  
 166
  
 149
  
 241
Your Opinion