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State the formula to measure the elasticity of supply. - Economics

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Question

State the formula to measure the elasticity of supply.

Equation/Formula
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Solution

Es = `"Proportionate change in the quantity supplied"/"Proportionate change in the price"`

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Chapter 6: Supply and Law of Supply - TEST QUESTIONS [Page 6.18]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 6 Supply and Law of Supply
TEST QUESTIONS | Q A. 15. | Page 6.18
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