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प्रश्न
Which of the following measures of price elasticity shows elastic supply?(Choose the correct alternative)
विकल्प
0
0.5
1.0
1.5
MCQ
उत्तर
1.5, i.e. 1.5 shows elastic supply as the elasticity is greater than 1.
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Measurement of Price Elasticity of Supply - Geometric Method
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