Suppose that in a week the price of Greek yogurt increases from
$ 1.25/lb to $1.75/lb. At the same time, the quantity of Greek
yogurt supplied increases from 100,000 lbs to 180,000 lbs. What is
the price elasticity of supply for Greek yogurt?

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Question: Suppose that in a week the price of Greek yogurt increases from $ 1.25/lb to $1.75/lb. At the sam…
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