Answer to Question #67169 in Macroeconomics for soumedha Ramkhelawon
Your fruit stall has 100 peaches that must be sold at once. your supply curve for peaches is vertical. From past experience, 100 peaches are demandes when price is £1.
The demand elasticity is -0.5. You discover 10 of your peaches are rotten and cannot be sold. Draw the new supply curve. What is the equilibrium price? Explain your answers in details.
College and University is a time in your life when you find your passions and your interests and you study…
APPROVED BY CLIENTS
assignments are completed perfectly. Communication is very professional and the work is exquisite. I have completed 3 assignments through this site already and will continue to do so in the future. definitely recommended.