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antiseptic1488 [7]
3 years ago
5

A producer received rupees 10000 when the price of a commodity was rupees 100 per unit. The receipts increased to rupees 15000 w

hen price increased by rupees 20.Calculate the elasticity of supply?
Mathematics
1 answer:
Leno4ka [110]3 years ago
5 0

Answer:

Price Elasticity of Supply = 1.25

Step-by-step explanation:

Price      Quantity        Total Revenue ( P x Q)

100     10000/100 = 100       10000

120      15000/120 = 125        15000

Price Elasticity of supply is change in quantity supplied, due to change in price. Formula : (dQ / dP) x (P / Q)

(125 - 100) / (120 - 100)   x (100/100)

= 25/20 = 1.25

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<h2>Explanation:</h2><h2></h2>

Hello! remember you have to write complete questions in order to get good and exact answers. Here I'll explain this in a general way assuming the following table:

\begin{array}{cc}x & y\\0 & 0\\1 & 2\\2 & 4\\3 & 6\\4 & 8\\5 & 10\end{array}

As you can see, x increases in steps of 1 units. So let's check the difference in y:

\bullet \ \text{From x=0 to x=1} \\ \\ \Delta y=2-0=2 \\ \\ \\ \bullet \ \text{From x=1 to x=2} \\ \\ \Delta y=4-2=2 \\ \\ \\ \bullet \ \text{From x=2 to x=3} \\ \\ \Delta y=6-4=2 \\ \\ \\ \bullet \ \text{From x=3 to x=4} \\ \\ \Delta y=8-6=2 \\ \\ \\ \bullet \ \text{From x=4 to x=5} \\ \\ \Delta y=10-8=2

So we have a constant difference and we can conclude the table represents a line. Since the line passes through then y is directly proportional to x, so we can write:

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\boxed{y=2x}

4 0
3 years ago
How do I show my work for 25 x 3/5=15​
stepladder [879]
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irina [24]

Answer:

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Step-by-step explanation:

Soit x le premier nombre.

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4 0
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dalvyx [7]

Answer:

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Step-by-step explanation:

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Then to solve for the square, it is also (B*H):

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6 0
3 years ago
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4 0
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