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Total revenue is ₹400 when the price o...

Total revenue is ₹400 when the price of the commodity is ₹2 per unit. When price rises to ₹3 per unit, the quantity supplied is 300 units. Calculate the price elasticity of supply.

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The correct Answer is:
`E_(s) = 1`
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Total revenue is Rs.400 when price of a commodity is Rs.2 per unit. When its price rises to Rs.3 per unit, the quantity supplied is 300 units. Calculate price elasticity of supply.

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SANDEEP GARG-SUPPLY -UNSOLVED PARCTICALS
  1. A frim received ₹2000 when price of the commodity was ₹40 per un...

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  2. The receipts of a firm are ₹6,000 when the price of a good is ₹1...

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  3. Total revenue is ₹400 when the price of the commodity is ₹2 per uni...

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  4. The total recipets of a frim gets doubled due to a 20% rise in pri...

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  5. The price of a commodity is 10 per unit and total revenue from it is 1...

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  6. When the price of a commodity rises by 10 percent, its supply rises by...

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  7. When the price of a commodity falls from 10 per unit to 9 per unit, to...

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  8. A firm sells 1,000 units of a product at price of ₹10 per unit. Its pr...

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  9. When the price of a commodity rises from ₹10 to ₹11 per unit, its quan...

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  10. A firm supplies 500 units of a good at a price of ₹5 per unit. The pri...

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  11. A producer supplies ₹200 units of a good at ₹10 per unit. Price elasti...

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  12. When the price of a good rises from ₹20 per unit to ₹30 per unit, the ...

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  13. A firm's revenue rises from ₹400 to ₹500 when the price of its produc...

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  14. The price elasticity of supply of a good is 0.8. Its prices riese b...

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  15. A firm supplies 10 units of a good at a price of ₹5 per unit. Per...

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  16. The price elasticity of supply of a commodinty is 2.0 A firm suppl...

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  17. A 15 per cent rise in the prices of a commodity is 5. When pri...

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  18. Price elasticity of supply for a commodity is 5. When price of the...

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  19. At a price of ₹10 per units the supply of good is 80 units. When its...

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  20. 10 percent increase in the price of good raises its supply from ...

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