Price elasticity of supply you have based on cost of

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Price Elasticity of Supply you have based on the Cost of Production changes as output changes, including actual calculation of it using the midpoint formula. If you can't find data, then determine the Price Elasticity from the Characteristics and make up numbers to use. Be sure to identify this if you use this approach. This will help you in deciding the slope of your Supply curve.

c. Graph your Supply situation using the numbers from your earlier Cost of Production analysis.

3. Recommendations- what are your recommendations explained by your analysis?

4. Paper presentation- good format, citations, lack of spelling errors, etc.

Reference no: EM13390656

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