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प्रश्न
If the price of a commodity falls by 10% and consequently, the quantity supplied decreases by 20%, what will be its elasticity of supply?
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उत्तर
Price elasticity of supply (Es) = `("Percentage change in quantity supplied")/("Percentage change in price")`
= `(20%)/(10%)`
= 2
संबंधित प्रश्न
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| D. Highly Elastic | (iv) Es = infinity |
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