Paper 1 October/November 2005 Economics (9708/03) A Level
CIE
AS & A Level
Economics (9708)
بهمن
2005
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه

پیش نمایش صفحه اول فایل
The market for tractors is supplied by two firms, X and Y, each initially having 50 % of the market.
A 10 % increase in the price of tractors leads to an increase in output from firm X of 10 % and from firm Y of 20 %.
What is the price elasticity of supply of tractors in this market?