Home
Class 11
ECONOMICS
At a price of 6 per unit, the quantity s...

At a price of 6 per unit, the quantity supplied of a commodity is 200 units. If per unit, the quantity supplied rises by 20%. Calculate the price elasticity of supply.

Text Solution

Verified by Experts

The correct Answer is:
`E_(s) = 0.4`
Promotional Banner

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

At a price of 10 per unit, the quantity supplied of a commodity is 400 units. If its per unit and the quantity supplied rises by 10 per cent, calculate its price elasticity.

At Rs.12/unit, quantity supplied of a commodity is 500 units. When its price riese to Rs.15/unit, its quantity supplied rises to 650 units. Calculate price elasticity of supply. Is supply elastic ?

At a price of 40 per unit, the quantity supplied of a commodity is 400 units. When its price falls by 10 per cent, its quantity supplied falls by 36 units. Calculate its elasticity of supply.

When the price of a commodity falls from Rs.10 to Rs.9 per unit, its quantity falls by 30% . Calculate price elasticity of supply.

At a price of ₹10 per units the supply of good is 80 units. When its price rises to ₹12 per units, its supply rises by 20 precent.Calculate its price elasticity of supply.

When price of a commodity falls by 20%, the quantity supplied decreases by 25%. Find out its price elasticity of supply.

The price of a commodity rises from 10 per unit to 15 per unit, as a result of increases by 30%. Calculate the elasticity of supply.

SANDEEP GARG-SUPPLY -UNSOLVED PARCTICALS
  1. The price of a commodity rises from 10 per unit to 15 per unit, as a r...

    Text Solution

    |

  2. At a price of 10 per unit, the quantity supplied of a commodity is 400...

    Text Solution

    |

  3. At a price of 6 per unit, the quantity supplied of a commodity is 200 ...

    Text Solution

    |

  4. At a price of 10 per unit, the supply of a product is 500 units. When ...

    Text Solution

    |

  5. At a price of 40 per unit, the quantity supplied of a commodity is 400...

    Text Solution

    |

  6. The price elasticity of supply of commodity X is .^(1//2) of price ...

    Text Solution

    |

  7. The coefficient of elasticity of supply of a commodity is 3. A sel...

    Text Solution

    |

  8. The coefficient of elasticity of supply of commodity X is 2. What quan...

    Text Solution

    |

  9. The coefficient of elastic ity of supply of a commodity is 2. At ₹14 p...

    Text Solution

    |

  10. Price elasticity of supply for a product is'Unity'. A firm supplie...

    Text Solution

    |

  11. The elasticity of supply of a commodity is 3. An increase in its price...

    Text Solution

    |

  12. The coefficient of elasticity of supply of a commodity is 1. Its suppl...

    Text Solution

    |

  13. The supply curve of commodity 'A' is a straight line parallel to Y-axi...

    Text Solution

    |

  14. The price elasticity of supply of a gaod is 2. If the percentage chang...

    Text Solution

    |

  15. The price elasticity of supply of a commodity is 0.5. The percentage c...

    Text Solution

    |

  16. The price elasticity of supply of commodity X is twice the price elast...

    Text Solution

    |

  17. The price of Dairy Milk chocolate rises by 20% and that of Nestle Arnu...

    Text Solution

    |

  18. The price of a commodity rises by 20%, which leads to an increase in s...

    Text Solution

    |

  19. If ratio of change in quantity (AQ) to original quantity (Q) is 0.4 an...

    Text Solution

    |

  20. The price elasticity of supply of commod ity Y is half the price elast...

    Text Solution

    |