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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.
how it is revalent?
explain production function illustrate production with one variable input
what are the examples of the types of elasticity (price,income & cross elaticity
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