at a price of rupees 10 per unit , the quantity supplied of a commodity is 400 units - Economics - Unit II- Liberalisation Privatisation and Globalisation An Appraisal

Question

at a price of rupees 10 per unit , the quantity supplied of a
commodity is 400 units if its price rises to rupees 12 per unit and
the quantity supplied rises by 10 % , calculate its price
elasticity of supply

Mehak Garg · Accepted Answer

at a price of rupees 10 per unit , the quantity supplied of a commodity is 400 units . if its price rises to rupees 12 per unit and the quantity supplied rises by 10 % , calculate its price elasticity of supply