unit MC

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If the price of a pen is $15, what is the quantity supplied?

What is the total cost of producing those pens?

what is the producer surplus?

if the price raises to $20 what is the new quantity supplied?

What is the price elasticity of supply when prices raise from $15 to $20?

the price elasticity of supply for ice cream is 1.2, the price for ice cream $4 per pound, and the quantity supplied is 200 million pounds a year. use this inf to answer following questions

If the price increases to $5 what will be the new quantity supplied (input the answer in X million pounds)

what is more elastic supplied, oil corn? Why?