proportionate method of elasticity of supply
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Proportionate Method: Refers to one of the important methods of measuring elasticity of supply. In this method, elasticity of supply can be calculated by dividing the percentage change in quantity supplied with the percentage change in price of a product.
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Proportionate Method: Refers to one of the important methods of measuring elasticity of supply. In this method, elasticity of supply can be calculated by dividing the percentage change in quantity supplied with the percentage change in price of a product.
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