The price elasticity of supply of commo...

The price elasticity of supply of commodity X is `.^(1//2)` of price elasticity of supply of commodity Y. When price of X falls by 50%, its supply falls by 20 units. Caculate price elasticity of supply of commodity X and Y if 100 units of X were supplied at price of ₹4 per unit.

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The price elasticity of demand of commodity X is 1/2 of price elasticity of demand of commodity. When price of X falls by 40% , its demand rises by 20 units. Calculate price elasticity of demand of commodity X and Y, it originally 100 units of X were demanded at price of ₹ 5 per unit.

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The price elasticity of supply of commodity X is `.^(1//2)` of price elasticity of supply of commodity Y. When price of X falls by 50%, its supply falls by 20 units. Caculate price elasticity of supply of commodity X and Y if 100 units of X were supplied at price of ₹4 per unit.

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