Business, 23.06.2020 21:01 hotmama61

In January the price of dark chocolate candy bars was $2.00, and Ajiâ€™s Chocolate Factory produced 80 pounds. In February the price of dark chocolate candy bars was $2.50, and Ajiâ€™s Factory produced 110 pounds. In March the price of dark chocolate candy bars was $3.00, and Ajiâ€™s Factory produced 140 pounds. a. Calculate the price elasticity of supply for Aji's Chocolate Factory in February b. Calculate the price elasticity of supply for Aji's Chocolate Factory in March c. If Aji's Factory is nearly at full capacity of production in March, what will happen to Aji's Factory price elasticity of supply in April?

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In January the price of dark chocolate candy bars was $2.00, and Ajiâ€™s Chocolate Factory produced...

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