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A Vertical supply curve parallel to Y axis implies that the elasticity of supply is
The luxury goods like Jewellery and fancy articles will have
The supply function is given by Q= -100+10P Find the elasticity using point elasticity, method when the price is Rs 15.
At higher price people demand more of certain goods not for their worth but for their prestige value This is called
The supply curve for perishable commodities is
UGC NET Management Quiz Day 6
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