शो द इफ़ेक्ट ऑन इट विल बी रैम प्राइस ड्यू टो इंक्रीजिंग सप्लाई बर्ड डिमांड इस परफेक्टली इलास्टिक
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Price elasticity of supply measures the responsiveness to the supply of a good or service after a change in its market price. ... Conversely, the supply of a good will decrease when its price decreases. ... Producers of fruit, seeing the shift in demand, decide to grow more oranges and fewer apples because it can result in higher profits. There are five types of price elasticity of ...
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