What is the price elasticity of supply for greek yogurt

Assignment Help Microeconomics

Reference no: EM13814281

Suppose that in a week the price of Greek yogurt increases from $5.00/lb to $5.25/lb. At the same time, the quantity of Greek yogurt supplied increases from 100,000 lbs to 125,000 lbs. What is the price elasticity of supply for Greek yogurt?

Reference no: EM13814281

Questions Cloud

Dealing with annoying co-workers : Read the article entitled, How to deal with annoying co-workers. Write a paper about your thoughts on this article. Additionally, in your paper, be sure to address the following:

Market characteristics of each market structure. : Describe each market structure (perfect competition, monopolistic competition, oligopoly, and monopoly) and discuss two of the market characteristics of each market structure.

Analysis of role play by american troops in battle of marne : Analysis of the role played by American troops in the Second Battle of the Marne and subsequent engagements with the Germans.

Clinical decision support system : clinical decision support system

What is the price elasticity of supply for greek yogurt : At the same time, the quantity of Greek yogurt supplied increases from 100,000 lbs to 125,000 lbs. What is the price elasticity of supply for Greek yogurt?

What factors that justified american imperialist actions : What were some of the factors that justified American imperialist actions? Identify the current political status of these places in relation to the United States.

Development of the reproductive system : The thyroid gland is responsible for basal metabolic rate, blood pressure, and it aids in the development of the reproductive system. There are numerous types of thyroid diseases or disorders that can affect the entire body.

Explain the three criteria for reverse discrimination : What are the duties of the employee and/or the independent contractor? Explain the three criteria for reverse discrimination under Affirmative Action plans

Explain project management as a discipline : Explain project management as a discipline

User Account

All Pages