the price elasticity of supply of a commodity is 0 5 the percentage change in quantity supplied is - Economics - Production and Costs

Question

the price elasticity of supply of a commodity is 0 5 the percentage
change in quantity supplied is 4 % what is the percentage change in
price (
experts please give the answers with same numbers
which is provided in question don’t change the numbers and
don’t provide any link
)

Shubham Negi · Accepted Answer

Answer is 8 percent
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the price elasticity of supply of a commodity is 0.5 . the percentage change in quantity supplied is 4 % . what is the percentage change in price . ( experts please give the answers with same numbers which is provided in question don’t change the numbers and don’t provide any link .)