Economy, asked by rkkhande75, 3 months ago

formula of elasticity of supply​

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Answered by yaashitha4108
1

The price elasticity of supply = % change in quantity supplied / % change in price. When calculating the price elasticity of supply, economists determine whether the quantity supplied of a good is elastic or inelastic. PES > 1: Supply is elastic

Answered by Abhishek1006
0

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