Elasticity of supply of the pens, Managerial Economics

A firm supplied 3000 pens at the rate of Rs 10. Next month, due to a rise of in the price to 22 rs per pen the supply of the firm increases to 5000 pens. Find the elasticity of supply of the pens.

Posted Date: 3/14/2013 9:09:44 AM | Location : United States

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