Score High in JAMB With EduPadi CBT App

Practice JAMB CBT, get instant results, and understand solutions in-depth with smart AI insights.

Learn more…

Question on: JAMB Economics - 2016

If price of yams decreases from N15.00 per tuber to N13.50 and the quantity supplied decreases by 20%. What is the elasticity of supply?
A
2.00
B
0.50
C
1.50
D
1.00
Ask EduPadi AI for a detailed answer
Correct Option: B

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses