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please answer the question 7 ly function of a commodity is given by S- 1012p: where, p is the price and S is the ke

please answer the question 7

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ly function of a commodity is given by S- 1012p: where, p is the price and S is the ke today Get g TK 5 quantity supplied of a commodity. Find price elasticity of supply at the point on the supply curve p = [Q71: Suppose you are doing a job in a company as a marketing manager. The demand of your product corresponding to different years are given below. You know in 2021 there is a traditional Festival of Muslim people. For this festival may be the demand of your product will be increased. How will you apply your knowledge of economics to make a decision for the year 2021, explain considering an appropriate demand function.? Month Yearly Orders 2010 120 2011 110 2012 95 2013 100 2014 75 2015 110 2016 50 2017 75 2018 130 2019 110 2020 90 [QS]: [i] : Define different types of supply functions with the meaning of each term in each function. [ii] : Suppose you have a garment industry and are producing shirt. The price per unit and quantity of

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