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Supply of a good rises form 200 units ...

Supply of a good rises form 200 units to 240 units as a result of 20 percent rise in its price. Calculate its price elasticity of supply.

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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.

Commodites X and Y have equal price elasticity of supply. The supply of X rises form 400 units to 500 units due to a 20 per units rise in its price . Calculate the precentage fall in supply of Y if its price falls by 8 per cent.

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