Question

Q.11, A firm supplied 500 units of a commodity at a price of t5 per unit. The price elasticity of supply is 2
At what price will the firm supply 700 units.
[Foreign 2005
[Ans. es = 0.9, ę, < 1
(AI 2006C
Q.12 The elasticity of supply​

Answer 1

Explanation:

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