Square Prism,
base side (30mm wide &
axis so mm long,
rests 3 on one of
base cornee in H.P. Its axis is
înclined to
4p by 40. Draw its
projection,
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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 ...Explanation:
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