When the price of moonshine is $12 a pint, Billy

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When the price of moonshine is $12 a pint, Billy Ray will produce 20 pints a month to sell in the hollar. When the price of moonshine increases to $15 a pint, Billy Ray increases his hooch production to 30 pints a month. What is the price elasticity of supply for Billy Rays moonshine?
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Answer: Detailed Solution to Price Elasticity of Supply
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Answer: Solution : price elasticity of supply
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