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If the price of goods rises by 60% but supply increases by only 5%, the supply (English Class 12) #2
English
Producer Behaviour and Supply
Question
Updated
19 Aug 2026
If the price of goods rises by 60% but supply increases by only 5%, the supply of goods will be:
A
Choose Your Answer
A
Highly Elastic
B
Elastic
C
Inelastic
D
Perfectly Inelastic
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