A producer offers to sell 400 units of a commodity when its price is Rs 10 per unit while only - Economics - The Theory of The Firm Under Perfect Competition

Question

A producer offers to sell 400 units of a commodity when its price
is Rs 10 per unit while only 200 units are offered if the price
reduces to Rs 5 per unit find elasticity of supply with proper
interpretation??

Harkirat Kaur · Accepted Answer

A producer offers to sell 400 units of a commodity when its price is Rs 10 per unit while only 200 units are offered if the price reduces to Rs 5 per unit find elasticity of supply with proper interpretation??