Answer:
Initial Total Revenue (\[T{{R}_{1}}\]) = Rs 400 Final Total Revenue (\[T{{R}_{2}}\]) = Rs 500 Initial Price (\[{{P}_{1}}\]) = Rs 20 Initial Price (\[{{P}_{2}}\]) = Rs 25 \[\Rightarrow \] Change in Price (AP) = Rs (\[25-20\]) = Rs 5 Initial Quantity Supplied (\[{{Q}_{2}}\]) = \[\frac{T{{R}_{1}}}{{{P}_{1}}}=\frac{400}{20}\] = 20 units Final Quantity Supplied (\[{{Q}_{2}}\]) = \[\frac{T{{R}_{2}}}{{{P}_{2}}}=\frac{500}{25}\] = 20 units \[\Rightarrow \]Change in Price (\[\Delta \]Q) =Rs (\[2020\]) = Rs 0 \[{{E}_{s}}=\frac{\frac{(\Delta Q)}{Q}\times 100}{\frac{\Delta P}{P}\times 100}=\frac{\frac{0}{20}\times 100}{\frac{5}{20}\times 100}=0\] Hence, elasticity of supply is zero.
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