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Question
Elasticity of supply is measured by:
Options
`(ΔQ)/PxxQ/(ΔP)`
`(ΔP)/PxxQ/(ΔQ)`
`(ΔP)/(ΔQ)xxQ/(P)`
`(ΔQ)/QxxP/(ΔP)`
Solution
`(ΔQ)/QxxP/(ΔP)`
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