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? by Sunday | Aug 3 | Economics WAEC | 0 comments A. 0.025 B. 0.24 C. 0.22 D. 0.25 E. 0.23 Correct Answer: Option D – 0.25 Users Also Read These:When the price of commodity A increases, the demand…If the coefficient of price elasticity of supply is…Determine the price elasticity of demand if the…If the price of commodity X rises and consumers…What is the elasticity of demand for commodity X, if…