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Price elasticity of supply for a pro...

Price elasticity of supply for a product is'Unity'. A firm supplies 25 units of this product at a price of ₹3 per unit. If tho price of product rises to ₹ 6 per unit, how much quantity of the product of the will be supplied by the firm ?

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Price elasticity of demand for a product is 'unity'. A houseshold buys 25 units of this product at the price of ₹ 5 per unit. If the price of product rises by ₹ 1, how much quantity of the product will the household buy ?

Price elasticity of demand for a product is unity. Its demand is 25 units at a price of ₹ 5 per unit. If the price of product rises to ₹ 6 per unit, how much quantity of the product will be demanded ?

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A consumer buys 160 units of a good a t a price of ₹ 8 per unit. Price falls to ₹ 6 per unit. How much quantity will the consumer buy at the new price, it price elasticity of demand is (-) 2 ?

A firm supplies 500 units of a good at a price of ₹5 per unit. The price elasticity of supply of the good is 2. At what price will the firm supply 700 units?

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