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Home Questions RTEG2C56UP
Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Firms under Perfect Competition

Question:
The price elasticity of supply is ?
Options:
dependent on units
independent of units
sometimes independent
sometimes dependent
Correct Answer:
independent of units
Explanation:
Like the price elasticity of demand, the price elasticity of supply is also independent of units.

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