Business Studies, asked by arya1202004, 4 months ago

Explain different degrees of price elasticity of supply with suitable graphs

and with suitable example.

Answers

Answered by Anonymous

2

Answer:

Elasticity of supply measures the degree of responsiveness of quantity supplied to a change in own price of the commodity. It is also defined as the percentage change in quantity supplied divided by percentage change in price.

Previous Question

Next Question

Similar questions

Math, 2 months ago

(a) ( 500 - 3 ) × 102...

Computer Science, 2 months ago

pls Ans expects and ace this is python...

Science, 2 months ago

who is the prime minister now...

English, 4 months ago

$please \: give \: me \: answer$ ...

Math, 4 months ago

how many person can be accommodated in a dining hall of dimension 20 metre into 16 into 4.5 assume that each person required 5 cubic metres of air...

Physics, 10 months ago

explain about Ac and Dc moters...

English, 10 months ago

The author of this passage describes his or her feelings about rainy summer days. In general, how do you feel about such days? Do you agree with the author's opinions, or do you not mind this type of weather? Briefly explain your answer. @From the passage "summer rains"...

Computer Science, 10 months ago

System service provider to the application programs...