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If quantity supplied of a good increases...

If quantity supplied of a good increases by `80%` due to a `40%` increase in its price, then `P,e_(s)` is :

A

`(+)2`

B

`(-)2`

C

`(+)0.5`

D

`(-)0.5`

Text Solution

Verified by Experts

The correct Answer is:
A
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