Question: The estimated supply function for avocados is Q = 6 + p/2 - 3f, where f is the price of fertilizer, p is the price
| The estimated supply function for avocados is Q = 6 + p/2 - 3f, where f is the price of fertilizer, p is the price of avacados, and Q is the quantity of avacados per day. |
| When the price of fertilizer increases by $1.00 the inverse supply curve shifts (in $)? |
| When the price of fertilizer increases by $3.00 the supply curve shifts |
| The price elasticity of supply, estimated at p = 12 and f = 3, is equal to |
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