If the price of an item changes by 8% and quantity supplied changes from 600 units to 660 units, the price elasticity of supply is

Similar Questions

The diagram represents a production function. At which of the points does diminishing returns set in...

An increase in money income with constant price results in ...

Farm produce are graded, packed and distributed by ...

With a given level of money income, a consumer maximizes satisfaction from the consumption of goods ...

If petrol is no longer needed to produce energy, then demand for crude oil ...

Which of the following is NOT a problem of population census in Nigeria? ...

A development planning which takes a long range view of the economy and covers a period of 10-20 yea...

The most common form of business enterprise in West Africa is the ...

Which of the following will have a more destabilizing effect on the economy? ...

Which of the following factors enhances the ability of commercial banks to create money? ...