in january the price of dark chocolate candy bars was 200 and ajiatms chocolate factory produced

Question

In January, the price of dark chocolate candy bars was $2.00, and Aji's Chocolate Factory produced 80 pounds. In February, the price of dark chocolate candy bars was $2.50, and Aji's Factory produced 110 pounds. In March, the price of dark chocolate candy bars was $3.00, and Aji'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's price elasticity of supply in April?

          In January, the price of dark chocolate candy bars was $2.00, and Aji's Chocolate Factory produced 80 pounds. In February, the price of dark chocolate candy bars was $2.50, and Aji's Factory produced 110 pounds. In March, the price of dark chocolate candy bars was $3.00, and Aji'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's price elasticity of supply in April?

Added by Mark C.

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