The  ratio of elasticity of supply  of commodities A and B is 1:1.5. 20 per cent  fall in  price of
Channel: Doubtnut
Date: 2020-05-03

The  ratio of elasticity of supply  of commodities A and B is 1:1.5. 20 per cent  fall in  price of the  A result in a 40 per  cent   fall  in its  supply. Calculate the    precetage increase in supply  of B if its  prics rises form  ₹10 per unit to ₹11 per units.