<em>The correct answer is: 2. </em>Green tea is inelastic in terms of supply.
The elasticity of the supply of a product measures the variation experienced by the quantities of products supplied by the producers before variations in certain factors of production. In our case, the established factor is the market price of the goods to be produced (green tea), and is called the price elasticity of the offer.
The price elasticity of the supply of a product is calculated as the quotient between the differences in the quantity offered to the market by the producers and the differences in the market price of that product.
In this case, the price elasticity of green tea is 67%. The calculation is done as follows:
<em> E (%) = (S2-S1) / (P2-P1) = (5-3) / (7-4) = 2/3 = 67%
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As this value is less than unity, it is said that the green tea is Inelastic in terms of supplies with respect to the market price.
This means that before increases in the price the quantities supplied by the producers increase in a smaller proportion.
to free slaves As a response to the 1850 Fugitive Slave Act Brown founded the League of Gileadites, a militant group to prevent the capture of fugitive slaves. The Harper’s Ferry raid His radicalization led him to a plan to recruit an army of 50 to 100 guerrilla fighters to attack slaveholders in Virginia and Maryland.
Answer:
Elymas is represented as opposing Paul the Apostle in 45 AD, who is called at this point for the first time with his Roman name, and Barnabas in the city of Paphos on Cyprus, when Sergius Paulus, the Roman Proconsul, wishes to hear Paul and Barnabas speak about Jesus.
This passage comes form Abraham Lincoln's Second Inaugural Address. In this speech, Lincoln is referencing the Civil War that was close to being over, and which caused a lot of difficulties and suffering to the people of the United States. In the speech, Lincoln encourages everyone to try to forget about the divisions created during the war and instead fight for a feeling of unity. By "binding up the nation's wounds," Lincoln wants to indicate that the best way to act is by not holding any anger or resentment towards people on the other side of the conflict.