If price of a commodity rises from N2.00 to N4.00 and its supply increases from 100 to 125, them the co-efficient of elasticity of supply is

a

0.025

b

0.24

c

0.22

d

0.25

e

0.23

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swetypie
10 years ago

please I don't understand y the answer is 0.25.explain

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