Question

As a result of 15% rise in the price of a commodity, its supply increases from 25 units to 30 units. Calculate elasticity of supply.


Jawab shi dena yrr assignment hai ​

Answer 1

Diff between the supply units divide by the price rise 5/15= 3

Answer 2

Answer:

As a result of 15 per cent rise in the price of a commodity, its supply increases from 25 units to 30 units.

Elasticity of supply. (Ans. E = 1.33)