Question

Функция предложения на рынке безалкогольных напитков имеет вид Qs = 120 + 5 Р. Какова ценовая эластичность предложения фирмы при цене Р= 10? Как изменится предложение компании, если рыночные цены возрастут на 10%?

Answer 1

Чем выше спрос тем ниже цена и предложение больше а чем ниже спрос тем выше цена и меньше предложение

Answer 2

Price Elasticity of Supply Calculation

The price elasticity of supply (PES) measures the responsiveness of the quantity supplied of a good to a change in its price. It is calculated using the formula:

PES = (% Change in Quantity Supplied) / (% Change in Price)

Given: - Qs = 120 - ΔQs = 5 - P = 10 - ΔP = 10% increase

We can calculate the price elasticity of supply using the provided values.

PES = (ΔQs / Qs) / (ΔP / P)

PES = (5 / 120) / (0.10) PES = 0.0417 / 0.10 PES = 0.417

Interpretation of Price Elasticity of Supply

The calculated price elasticity of supply (PES) for the company is 0.417. This value indicates that the quantity supplied by the company is inelastic, as it is less than 1. Inelastic supply means that the quantity supplied does not change significantly in response to a change in price.

Impact of a 10% Increase in Market Prices

If market prices increase by 10%, we can calculate the change in quantity supplied using the price elasticity of supply.

ΔQs = PES * (ΔP / P) * Qs

ΔQs = 0.417 * (0.10) * 120 ΔQs = 5.004

Therefore, if market prices increase by 10%, the quantity supplied by the company would increase by approximately 5 units. This demonstrates the relatively inelastic nature of the company's supply in response to price changes.