Question

A company supplies 20 units of a particular products per month, at a price of Rs 10 per unit. Is price elasticity of supply is 5, how many units would be company supply at a price of Rs 15 ?

Answer 1

Answer:

30

Explanation:

because 20 units,at price of 10

=20×10=200

then price elasticity = 5

then 15×2=30

30×20=600