InterviewSolution
Saved Bookmarks
| 1. |
A firm sells 1000 units of the product at a price of Rs 10 per unit. Its elasticity of supply is 3. How many units will the firm be able to sell if the price falls to Rs 7.5 per unit? |
|
Answer» A firm sells 1000 units of the product at a price of Rs 10 per unit. Its elasticity of supply is 3. How many units will the firm be able to sell if the price falls to Rs 7.5 per unit? |
|