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The ratio of elasticity of supply of c...

The ratio of elasticity of supply of commodities A and B is 1:1.5. 20 per cent fall in price of the A result in a 40 per cent fall in its supply. Calculate the precetage increase in supply of B if its prics rises form ₹10 per unit to ₹11 per units.

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The ratio of elasticity of supply of commodities A and B is 1:1.5. 20 per cent fall in price of A results in a 40 per cent fall in its supply. Calculate the percentage increase in supply of B if its price rises from Rs.10 per unit of Rs.11 per unit.

The price elasticity of supply of commodities X and Y is equal. The price of X falls from Rs.10 to Rs.8 per unit and supply falls by 16 percent. The price of Y rises by 10% . Calculate the percentage increase in the supply.

price elasticity of demand of a good is -0.75. calculate the percentage fall in its price that will result in 15 per cent rise in its demand.

Commodities A and B have equal price elasticity of demand . The demand of X rises from 100 units to 150 units due to a 20 per cent fall in its price. Calculate the percentage fall in demand of Y if its price rises by 8 per cent.

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.

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