Advertisements
Advertisements
प्रश्न
Find the elasticity of supply for the supply function x = 2p2 + 5 when p = 3.
Advertisements
उत्तर
x = 2p2 + 5
`"dx"/"dp" = 2 xx 2p + 0 = 4p`
Elasticity of supply: ηs = `"p"/x * "dx"/"dp"`
`= "p"/(2"p"^2 + 5) xx 4"p"`
`= "4p"^2/(2"p"^2 + 5)`
When p = 3, elasticity of supply, ηs = `(4 xx 3^2)/(2(3)^2 + 5)`
`= (4 xx 9)/(18 + 5)`
`= 36/23`
APPEARS IN
संबंधित प्रश्न
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
The demand curve of a commodity is given by p = `(50 - x)/5`, find the marginal revenue for any output x and also find marginal revenue at x = 0 and x = 25?
For the demand function p = 550 – 3x – 6x2 where x is quantity demand and p is unit price. Show that MR =
Find the price elasticity of demand for the demand function x = 10 – p where x is the demand p is the price. Examine whether the demand is elastic, inelastic, or unit elastic at p = 6.
The demand and cost functions of a firm are x = 6000 – 30p and C = 72000 + 60x respectively. Find the level of output and price at which the profit is maximum.
The cost function of a firm is C = x3 – 12x2 + 48x. Find the level of output (x > 0) at which average cost is minimum.
For the demand function p x = 100 - 6x2, find the marginal revenue and also show that MR = p`[1 - 1/eta_"d"]`
Relationship among MR, AR and ηd is:
For the cost function C = `1/25 e^(5x)`, the marginal cost is:
The demand function is always
