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A firm's revenue rises from Rs. 400 to Rs. 500 when the price of its products rises from Rs. 20 per unit to Rs. 25 per unit. Calculate the price elasticity of supply. |
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Answer» A firm's revenue rises from Rs. 400 to Rs. 500 when the price of its products rises from Rs. 20 per unit to Rs. 25 per unit. Calculate the price elasticity of supply. |
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