Calculate the elasticity of supply, when...

Calculate the elasticity of supply, when price rises from ₹2 per unit to ₹3 per unit and supply rises from 20 units to 30 units.

Text Solution

Verified by Experts

The correct Answer is:

`E_(s)=1`

Topper's Solved these Questions

SUPPLY
SANDEEP GARG|Exercise LONG ANSWER TYPE QUESTIONS|10 Videos
REVENUE
SANDEEP GARG|Exercise UNSOLVED PRACTICALS|21 Videos

Similar Questions

Explore conceptually related problems

Price elasticity of supply for a commodity is 5. When price of the commodity rises from ₹9 per unit to ₹10 per unit,supply rises by 25 units .Calculate quantity supplied at ₹9+ per unit.

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?

At a price of ₹8 per unit, the qunatity supplied of a commodity is 200. Its price elasticity of supply is 1.5. If its pricce rises to ₹10 per unit, calculate its quantity supplied at the new price.

Commodites X and Y have equal price elasticity of supply. The supply of X rises form 400 units to 500 units due to a 20 per units rise in its price . Calculate the precentage fall in supply of Y if its price falls by 8 per cent.

The price elasticity of supply of a commodity is 2. When its price falls from ₹10 per units to ₹8 per uint, its quantity supplied falls by 500units . Calculate the quantity supplied at the reduced price.

The price elasticity of supply of good X is half the price elasticity of supply of good Y.A 10% rise in the price of good Y results in a rise in its supply from 400 units to 520 units. Calculate the percentage change in quantity supplied of good X when its price falls from Rs.10 to Rs.8 per unit.

The Price elasticity of supply of a commodityt is 2.5. At a price of ₹5 per unit, its quantity supplied is 300 units. Calculate its quantity supplied at a price of ₹5 per units, its quantity supplied is 300units . Calculate its quantity supplied at a price of ₹4 per unit.

SANDEEP GARG-SUPPLY -UNSOLVED PARCTICALS

Price of a commodity increases by ₹4 per unit and due to this ,its ...
Text Solution
|
When market price of seller is willing to sell 50 units of the c...
Text Solution
|
Calculate the elasticity of supply, when price rises from ₹2 per unit...
Text Solution
|
As a result of 20% rise in the price of a commodity, its supply increa...
Text Solution
|
When price of a commodity falls by 10%, its supply decreases from 80 u...
Text Solution
|
Quantity supplied of a commodity increases by 25% when its price rises...
Text Solution
|
The price of a commodity rises from 10 per unit to 15 per unit, as a r...
Text Solution
|
At a price of 10 per unit, the quantity supplied of a commodity is 400...
Text Solution
|
At a price of 6 per unit, the quantity supplied of a commodity is 200 ...
Text Solution
|
At a price of 10 per unit, the supply of a product is 500 units. When ...
Text Solution
|
At a price of 40 per unit, the quantity supplied of a commodity is 400...
Text Solution
|
The price elasticity of supply of commodity X is .^(1//2) of price ...
Text Solution
|
The coefficient of elasticity of supply of a commodity is 3. A sel...
Text Solution
|
The coefficient of elasticity of supply of commodity X is 2. What quan...
Text Solution
|
The coefficient of elastic ity of supply of a commodity is 2. At ₹14 p...
Text Solution
|
Price elasticity of supply for a product is'Unity'. A firm supplie...
Text Solution
|
The elasticity of supply of a commodity is 3. An increase in its price...
Text Solution
|
The coefficient of elasticity of supply of a commodity is 1. Its suppl...
Text Solution
|
The supply curve of commodity 'A' is a straight line parallel to Y-axi...
Text Solution
|
The price elasticity of supply of a gaod is 2. If the percentage chang...
Text Solution
|