*1 Rain spoils the strawberry crop. As a result, the price rises from 2 to 3 a...

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*1 Rain spoils the strawberry crop. As a result, the price rises from £2 to £3 a box and the quantity demanded decreases from 1,000 to 600 boxes a week. Over this price range, a What is the price elasticity of demand? b Describe the demand for strawberries.

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Economics

ISBN: 9781509540235

6th Edition

Authors: Michael Parkin, Melanie Powell, Kent Matthews

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