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3 years ago

Expound on the different forms of elasticities of supply

Business

1 answer:

chubhunter [2.5K]3 years ago

8 0

Answer:

The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price. Elasticities can be usefully divided into five broad categories: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary.

Explanation:

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brilliants [131]

Answer:

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Explanation:

given data

scooter costs = $2,500

depreciation rate r = 30%

time = 5 year

solution

we get here value of this scooter after 5 years that is express as

value of scooter = original cost × $(1-r)^{time}$ ...............1

put here value we get

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Korvikt [17]

Answer:

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Explanation:

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