Q. Price elasticity of supply of a commodity is 1.5. 10 % increases in price, raises its supply by 30 units. Calculate its supply at the original price

dear student 
elasticity of supply = 1.5
% change in price = 10%
change in quantity = 30 
elasticity of supply (es )  =  % change in quantity supplied% change in price
                   1.5                    change in quantity×100original quantity×original pricechange in price= 30original quantity×10010= 300original quantity=original quantity = 200 
regards

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