The price elasticity of supply of commod ity Y is half the price elasticity of supply of commodity X
Channel: Doubtnut
Date: 2020-05-03

The price elasticity of supply of commod ity Y is half the price elasticity of supply of commodity X. 16 per cent rise in the price X results in a 40 per cent rise in its supply. If the price of Y falls by 8 per cent, calculate the percentage fall in its supply?