Home
Class 11
ECONOMICS
When the price of a commodity rises from...

When the price of a commodity rises from ₹10 to ₹11 per unit, its quantity supplied by 100 units. price elasticity of supply is 2.Calculate its quantity supplied at the increased price.

Text Solution

Verified by Experts

The correct Answer is:
600 units
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

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.

Price of a good rises from Rs.10 to Rs.12 per unit, its supply riese by 40% . Calculate price elasticity of supply.

When the price of a commodity rises by 10 percent, its supply rises by 40 units. Its elasticity of supply is 1. Calculate its supply at the original price.

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 elasticity of supply of a commodity is 3. An increase in its price from ₹20 to ₹21 per unit results in a rise in its quantity supplied by 150 units. Calculate its quantity supplied at the increased price.

The price elasticity of supply of a commodity is 2. When its price falls from Rs.20 to Rs.16 per unit, its quantity supplied falls by 500 units. Calculate the quantity supplied at reduced price.

When the price of a commodity falls by ₹ 2 per unit , its quantity demanded increases by 10 units . Its price elasticity of demand is (-) 1. Calculate its demanded at the price before change was ₹ 10 per unit.

SANDEEP GARG-SUPPLY -UNSOLVED PARCTICALS
  1. When the price of a commodity falls from 10 per unit to 9 per unit, to...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  14. 10 percent increase in the price of good raises its supply from ...

    Text Solution

    |

  15. Supply of a good rises form 200 units to 240 units as a result of 2...

    Text Solution

    |

  16. When price of a commodity rises from ₹5 to ₹6 per unit, total reve...

    Text Solution

    |

  17. From the following data calculate price elasticity of supply.

    Text Solution

    |

  18. A producer supplies 80 units of a goog at a price of ₹10 per unit. P...

    Text Solution

    |

  19. When price of a commodity falls from ₹12 per units to ₹9 per unit, ...

    Text Solution

    |

  20. When price of a good falls from ₹20 to ₹10per unit, producer redu...

    Text Solution

    |