Price Elasticity Of Supply

The price elasticity of supply of commodity X is .^(1//2) of price elasticity of supply of commodity Y. When price of X falls by 50%, its supply falls by 20 units. Caculate price elasticity of supply of commodity X and Y if 100 units of X were supplied at price of ₹4 per unit.

The price elasticity of supply of commodity X is twice the price elasticity of supply of commodity Y. if price of X falls by 10% and that of Y falls by 20%, calculate percentage fall in supply of commodity X and Y, if cornmodity Y has unitary elastic supply.

The price elasticity of supply of commod ity Y is half the price elasticity of supply of commodity X. 16 per cent rise in the price X results in a 40 per cent rise in its supply. If the price of Y falls by 8 per cent, calculate the percentage fall in its supply?

The price elasticity of supply of a commodity Y is half the price elasticity of supply of a commodity X. 16% rise in price of X results in a 40% rise in its supply. If price of Y falls by 8% , calculate fall in its supply.

10 percent increase in the price of good raises its supply from 150 units to 180 units.Calculate its prices elasticity of supply.

The price of a commodity is ₹12 per unit and its quantity supplied is 500 units. When its price rises to ₹15 per units, its quantity supplied rises to 650 units. Calculate is price elasticity of supply. Is supply elastic?