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|Published on: Aug 3|Categories: 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 price elasticity of supply is equal to 0.4,…When market supply increases; the equilibrium priceIf the coefficient of price elasticity of supply is…SS2 First Term Economics Lesson Note – Elasticity of…If the quantity demanded of a commodity increases…SEE ALSO An arrangement of data in rows and columns is referred to as?