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The quantity supplied of a commodity at a price of Rs 8 per unit is 400 units. Its price elasticity of supply is 2. Calculate the price at which its quantity supplied will be 600 units. |
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Answer» The quantity supplied of a commodity at a price of Rs 8 per unit is 400 units. Its price elasticity of supply is 2. Calculate the price at which its quantity supplied will be 600 units. |
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