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What is meant by the Unitary elastic supply? - Economics

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प्रश्न

What is meant by the Unitary elastic supply?

अति संक्षिप्त उत्तर
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उत्तर

When the percentage change in a commodity's quantity supplied is precisely equivalent to the percentage change in its price, this is known as unitary elasticity of supply.

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अध्याय 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [पृष्ठ ९७]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 33. (iv) | पृष्ठ ९७
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