07. The ratio of elasticity of supply of commodities A and B is 1:1.5, – InterviewSolution

1.	07. The ratio of elasticity of supply of commodities A and B is 1:1.5, 20%fall in price of A results in a 40% fall in its supply. Calculate the percentageincrease in supply of B if its price rises from 10 to 11 per unit.
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