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If the price of apple rises from rs.30 per kg to rs 40 per kg and the supply increases from 240kg to 300kg. Elasticity of supply is?
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If the price of apple rises from rs.30 per kg to rs 40 per kg and the ...
Elasticity of supply
= Change in quantity supplied/ Change in price × Sum of prices / Sum of quantities

=60/10 × 70/540
= 0.77
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If the price of apple rises from rs.30 per kg to rs 40 per kg and the supply increases from 240kg to 300kg. Elasticity of supply is?
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If the price of apple rises from rs.30 per kg to rs 40 per kg and the supply increases from 240kg to 300kg. Elasticity of supply is? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If the price of apple rises from rs.30 per kg to rs 40 per kg and the supply increases from 240kg to 300kg. Elasticity of supply is? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the price of apple rises from rs.30 per kg to rs 40 per kg and the supply increases from 240kg to 300kg. Elasticity of supply is?.
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