No products in the cart.

  1. Homework Help
  2. CBSE
  3. Class 12
  4. Economics

When price of a good rises …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now
When price of a good rises from 8per unit to 10 per unit producer supplies 40unit more price elasticity of supply is 2 what is quantity supplied before change calculate

    • Posted by Gurlal Singh Virk 7 years, 9 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Himanshu Pant 7 years, 9 months ago

    quantity supply is 80 unit.

    1Thank You

    Ajith Ramachandran 7 years, 9 months ago

    The answer will be this i think.......... (40/2)*(8/x)=2 (20)*(8/x)=2 (160/x)=2 X=80 Therefore quantity before change is 80.

    2Thank You

    Ajith Ramachandran 7 years, 9 months ago

    Use this for ((Change in qty/change in price)*(old price/old qty))

    0Thank You

    ANSWER
    https://examin8.com Test

    Related Questions

    Two types of marke diagram and explanation

    • Posted by Rijum Karlo 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Economics project on function of RBI

    • Posted by Mehar Ansari 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    What is receipt?

    • Posted by Geeta Gautam 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Is inclusive growth Achievable for a developing country like India when exposed to the process of privatisation and globalization

    • Posted by Niangmuankim Vaiphei 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    What is deficit ?

    • Posted by Sakshi Singh 6 months ago

    CBSE > Class 12 > Economics
    • 1 answers
    why should the aggregate final expenditure of an economy be equal to the aggregate factor payment

    • Posted by Nandita Sharma 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 1 answers
    Explain the limitation of GDP as wellfare

    • Posted by Naman Jain 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 1 answers
    Economic Reforms Since 1991 notes

    • Posted by Dipika Sharma 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Industrial licensing was used to promote regional equality. Discuss

    • Posted by Niyati Garg 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Trends in credit availability

    • Posted by Shruti Singh 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2026