Economy, asked by fish112, 6 months ago

What is the formula of calculating price elasticity of supply

Answers

Answered by Anonymous

Answer:

The price elasticity of supply is calculated as the percentage change in quantity divided by the percentage change in price. Again, as with the elasticity of demand, the elasticity of supply is not followed by any units.

Answered by ShifaAjmalAnsari

Explanation:

the percentage change in quantity divided by the percentage change in price.

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