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प्रश्न
What does price elasticity of supply measure?
पर्याय
The change in supply due to change in demand
The change in price due to change in supply
The response of quantity supplied to a change in price
The relationship between demand and supply
MCQ
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उत्तर
The response of quantity supplied to a change in price
Explanation:
Price elasticity of supply tells us how much the quantity supplied changes when the price of a commodity changes.
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