The ratio of elasticity of supply of commodities A and B is `1:1.5.` 20 per cent fall in pric
Channel: Doubtnut
Date: 2020-03-29

The ratio of elasticity of supply of commodities A and B is `1:1.5.` 20 per cent fall in price of A results in a 40 per cent fall in its supply. Calculate the percentage increase in supply of B if its price rises from Rs.10 per unit of Rs.11 per unit.