Advertisements
Advertisements
प्रश्न
Find the elasticity of supply when the supply function is given by x = 2p2 + 5 at p = 1.
Advertisements
उत्तर
Given x = 2p2 + 5
Differentiating with respect to 'p' we get,
`"dx"/"dp"` = 4p
Elasticity of Supply
`eta_s = "p"/x * "dx"/"dp"`
`=> eta_s = "p"/(2"p"^2 + 5)`(4p)
`= (4"p"^2)/(2"p"^2 + 5)`
when p = 1, `eta_s = (4(1)^2)/(2(1^2) + 5) = 4/(2 + 5) = 4/7`
APPEARS IN
संबंधित प्रश्न
If the demand law is given by p = `10e^(- x/2)` then find the elasticity of demand.
Find the elasticity of demand in terms of x for the following demand laws and also find the value of x where elasticity is equal to unity.
p = a – bx2
Show that MR = p`[1 - 1/eta_"d"]` for the demand function p = 400 – 2x – 3x2 where p is unit price and x is quantity demand.
For the demand function x = `25/"p"^4`, 1 ≤ p ≤ 5, determine the elasticity of demand.
Find out the indicated elasticity for the following function:
p = `10 e^(- x/3)`, x > 0; ηs
If demand and the cost function of a firm are p = 2 – x and C = -2x2 + 2x + 7 then its profit function is:
If the demand function is said to be inelastic, then:
The elasticity of demand for the demand function x = `1/"p"` is:
For the cost function C = `1/25 e^(5x)`, the marginal cost is:
The demand function is always
