Question

Answer the following questions
A. If the price of a doll is Rs 25. a doll maker supplies 100 dolls per day. If the price rises to Rs. 35 per doll, he is willing to supply 200 dolls per day Calculate the price elasticity of supply of dolls.​

Answer 1

Answer:

if the price of a doll 25 a doll maker supplies 100 dolls per day if the prices rises = 100 dolls price = 2'500