If a hard freeze eliminates premium coffee crop

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Q. Assume Daisy decides to increase her production of pies by 6. Illustrate what is the prospect cost of this decision?
Q. P = $11, Qd = 16
P = $9, Qd = 24
P = $7, Qd = 32
P = $5, Qd = 4

Using the midpoint formula, illustrate what is the price elasticity of demand between: (a) $11 also $9; (b) $9 also $7; (c) $7 also $5?

Q. if a hard freeze eliminates premium coffee crop, illustrate what will take place to the price of premium coffee?

Reference no: EM1323119

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