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What is the price elasticity of demand for pigs

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Question - Currently Farmer Eric raises 30 pigs in a normal year and sells them for a price of $100 per pig. Suppose there is a shortage for feed and Farmer Eric is only able to raise 10 pigs. If he expects to sell his pigs at a price of $200, what is the price elasticity of demand for pigs?

Reference no: EM133025091

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