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| 1. |
Price elasticity of supply measure shows : |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/response-1187068" style="font-weight:bold;" target="_blank" title="Click to know more about RESPONSE">RESPONSE</a> of <a href="https://interviewquestions.tuteehub.com/tag/supply-1235254" style="font-weight:bold;" target="_blank" title="Click to know more about SUPPLY">SUPPLY</a> to change in price<br/>Response of price to change in supply<br/>The rate at which supply responds to one <a href="https://interviewquestions.tuteehub.com/tag/percent-1150333" style="font-weight:bold;" target="_blank" title="Click to know more about PERCENT">PERCENT</a> change in price.<br/>The rate at which price responds to one percent change in supply.</p>Answer :C</body></html> | |