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प्रश्न
When percentage change in quantity supplied is equal to percentage change in price then it is ______ supply.
विकल्प
Unit elastic
Perfectly inelastic
Perfectly elastic
Normal elastic
MCQ
रिक्त स्थान भरें
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उत्तर
When percentage change in quantity supplied is equal to percentage change in price, then it is unit elastic supply.
Explanation:
The elasticity of supply is said to be unitary when a given percentage change in the price of a commodity generates an identical percentage change in the amount provided.
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