"The coefficient of elasticity of supply of a commodity is 1. Its supply is 500 unite at a price of
Channel: Doubtnut
Date: 2020-05-03

"The coefficient of elasticity of supply of a commodity is 1. Its supply is 500 unite at a price of ₹10 per   unit. What will be the supply of this commodity  when  its  price  falls  ₹8 per unint? 
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