Home
Class 11
ECONOMICS
The price of a commodity rises by 20%, w...

The price of a commodity rises by 20%, which leads to an increase in supply by 20 units. If price elasticity is 2, calculate initial and final supply of the commodity.

Promotional Banner

Similar Questions

Explore conceptually related problems

When price of a commodity falls by 20%, the quantity supplied decreases by 25%. Find out its price elasticity of supply.

When the price of a commodity rises from ₹10 to ₹11 per unit, its quantity supplied by 100 units. price elasticity of supply is 2.Calculate its quantity supplied at the increased price.

When the price of a commodity rises by 10 percent, its supply rises by 40 units. Its elasticity of supply is 1. Calculate its supply at the original price.

When price of a commodity falls by 10%, its supply decreases from 80 units to 60 units. elasticity of supply.

If the price of a commodity is decreased by 40% and its consumption is increased by 20% , then what will be the increase or decrease in the expenditure of the commodity?

Recommended Questions
  1. The price of a commodity rises by 20%, which leads to an increase in s...

    Text Solution

    |

  2. एक 220 वोल्ट- 100 वाट का बल्ब 110 वोल्ट के स्त्रोत से जुड़ा हैं।...

    Text Solution

    |

  3. 20 सेमी त्रिज्या के एक वृत्ताकार लूप में 10 ऐम्पियर की धारा बह रही है।...

    Text Solution

    |

  4. एक धारामापी में 30 विभाजन हैं उसकी धारा संवेदिता 20 mu A प्रति विभाजन...

    Text Solution

    |

  5. एक प्रेरकत्व कुण्डली में वैधुत धारा 0.3 सेकण्ड में शून्य से बढ़कर 8.0 ऐ...

    Text Solution

    |

  6. यदि एक आयत की लम्बाई में 2 मात्रक की वृद्धि और चौड़ाई में 2 मात्रक की ...

    Text Solution

    |

  7. एक आयताकार प्लॉट का परिमाप 32 मीटर है। यदि लम्बाई में 2 मीटर की वृद्धि...

    Text Solution

    |

  8. वर्णिक 600 किमी घर तक की दूरी कुछ रेलगाड़ी और कुछ कार से तय करता है। य...

    Text Solution

    |

  9. किग्रा सेब और 1 किग्रा अंगूर का मूल्य किसी दिन ₹ 160 था । एक मही...

    Text Solution

    |