When price of a commodity falls by ...

When price of a commodity falls by just 10%, the total revenue of a firm become half of the original total revence. If at the new prices if ₹45, only 10 units are supplied, calulate original quanity and price elasticity of supply.

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When price of a commodity falls by 10%, its supply decreases from 80 units to 60 units. elasticity of supply.

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