Economy, asked by ashutoshsingh8922, 2 months ago

When price of a commodity becomes twice the original price, the quantity supplied
increased by an amount equal to 4 times of original quantity supplied. Calculate the coefficient
of price elasticity of supply. please explain also

Answers

Answered by pandaypramod18

0

Answer:

E

s

=

Percentage Change in Supply

Percentage change in Price

=

400

%

100

%

=

4

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