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.

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.

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 ?

When price of commodity is Rs.4/unit, a producer supplies 8 units/day. If price rises to Rs.5/unit, he is willing to supply 10 units/day. Calculate price 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?

When price of a commodity falls from Rs. 12 per unit to Rs. 9 per unit, the producer supplies 75% less output. Calculate price elasticity of supply.

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.