Question

Price of a commodity decrease by rs 5 per unit and supply decrease s from 100unitto50unit calculate price elasticity of supply if original price was 15 per unit​

Answer 1

quantity (q): 100u

price (p): 15u

delta q (change in quantity): 50u

delta p (change in price): 10u

price elasticity = 50/10×100/15

= 33.34

Explanation:

hope it would be correct and helpful you can let me know if i did something wrong or if it was not satisfactory.

Answer 2

Answer:

50/5×15/100

Explanation:

i hope it will helppp