The price elasticity of supply of a commodity is 0.5. The percentage change in quantity supplied is 4% . What is the percentage change in price?

The price elasticity of supply of a gaod is 2. If the percentage change in its price is 5%, find the percentage change in its quantity supplied?

The Price elasticity of supply of a commodityt is 2.5. At a price of ₹5 per unit, its quantity supplied is 300 units. Calculate its quantity supplied at a price of ₹5 per units, its quantity supplied is 300units . Calculate its quantity supplied at a price of ₹4 per unit.

The coeffincient of elasticity of supply of a commodity is falls 0.4 .What percentage change in supply will take place if its price rises by 20% ?

Last year the cost of a commodity was ₹50. This year, the cost of the commodity increased to ₹60. What is the percentage change in its price?