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The market price of good change …

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The market price of good change from rupees 5 to 20 as a result the quantity supplied by the firm increases by 15 unit the price elasticity of the firm supply curve is 0.5 find the initial and final output level of the form
  • 3 answers

Ritu Manon 6 years, 11 months ago

Initial output will be 10 & final out put will be 25

J K 6 years, 11 months ago

Slope of supply curve =change in price /change in quantity supply

J K 6 years, 11 months ago

Intial output will be 15units and final will be 30units
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