Advertisements
Advertisements
प्रश्न
The price of a commodity rises from ₹ 20 to ₹ 40 Consequently, its supply increases from 100 units to 400 units. Calculate price elasticity of supply.
Advertisements
उत्तर
Es = `(ΔQ)/(ΔP)xxP/Q`
= `300/20xx20/100`
= 3
APPEARS IN
संबंधित प्रश्न
Draw a perfectly inelastic supply curve.

Identify the elasticity of supply (es) of S1, S2 and S3 supply curves:
Identify the elasticity of supply for the following with proper reasoning:
Primitive and advanced technology.
Identify the elasticity of supply for the following with proper reasoning:
Short run and long run period.
Identify the elasticity of supply for the following with proper reasoning:
Perishable and durable goods.
Choose the correct term for the given definition.
The ratio between the percentage change in supply to a percentage change in price.
When the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.
If the price elsaticity of supply is 1 and the percentage change in price is 10, then the percentage change in quatity supplied should be ______.
Price of a product increases by 2%. As a result, its supply rises by 4%. What is elasticity of supply of the commodity?
With the help of a formula calculate the elasticity of supply from the following table:
| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
Cotton and cotton seeds are examples of ______ supply.
How is elasticity of supply measured according to the percentage method?
Define price elasticity of supply.
Draw and explain the following degree of elasticity of supply.
Ep > 1
Why does the measure of pnce elasticity of supply of a good carry plus sign?
What is meant by inelastic supply?
When is supply of a good unitary elastic?
Why is the supply of eggs inelastic?
Explain the percentage method of measuring price elasticity of supply.
