A seller earns 200 by selling bananas at 40 ruppes a dozen. If he received doubles with 25%rise in price, find price elasticity of supply of mangoes.(hint : total revenue= price × quantity).
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If all prices double and income triples, then the budget line will become steeper. ... 2.7 If there are two goods and the prices of both goods rise, then the budget line ... d There is not enough information to determine the amount of x. ... If he consumes fewer than 17 bananas per week, he thinks that one banana is a perfect.
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