If price of a commodity rises from N2.00 to N4.00 and its...
If price of a commodity rises from N2.00 to N4.00 and its supply increases from 100 to 125, then the co-efficient of elasticity of supply is
0.025
0.24
0.22
0.25
0.23
Correct answer is D
No explanation has been provided for this answer.
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