SOLUTION: please help me The equilibrium price of a box of tomatoes rises from $6.25 per box to $30.00 per box and the equilibrium quantity decreases from 8 million pounds of tomatoes

Algebra ->  Finance -> SOLUTION: please help me The equilibrium price of a box of tomatoes rises from $6.25 per box to $30.00 per box and the equilibrium quantity decreases from 8 million pounds of tomatoes       Log On


   

Question 1161792: please help me
The equilibrium price of a box of tomatoes rises from $6.25 per box to
$30.00 per box and the equilibrium quantity
decreases from 8 million pounds of tomatoes per
week
Calculate the price elasticity of demand for winter tomatoes as well as elasticity of supply using the midpoint method.
Answer by ikleyn(52817) About Me  (Show Source):
You can put this solution on YOUR website!
.

Price Elasticity of Demand = % Change in Quantity Demanded / % Change in Price.


In you post some VITALLY IMPORTANT part of the input is missed.

With this DEFECTIVE input the problem CAN NOT be solved and the question CAN NOT be answered.

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From your posts (several of today), I clearly see that you do not understand the subject
and do not care on what you post, at all.


Am I correct ?


Is it just the time to complain to your managers ?