The price elasticity of supply is +4 The price increases by 15% sales were originally 200 units What will they be now ?

Related Mcqs:

Average income increase from Rs20,000 p.a to Rs 22,000 p.a Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ?

A. Demand is price inelastic B. The good is inferior C. Income elasticity is -2 D. The product is normal...

Increase unemployment benefits and less incentive to work would ?

A. shift aggregate supply to the right B. shift aggregate supply to the left C. shift aggregate demand to the right D. shift aggregate demand to the left...

If the demand for coffee decreases as income decreases, coffee is ?

A. an inferior good B. a normal good C. a complementary good D. a substitute good...

If the cross elasticity of demand is -2 ?

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The opportunity cost of a student is____________?

A. Course fees and rent B. A loan from the bank C. What the student could have earned in the best job available by not studying D. What the student will earn after graduation...