1.

*$_In May 2013, firm was supplying 500kg of sugar at market price of Rs.30/- per kg. During June 2013, firm's supply of sugar had decreased to 450kg at price of Rs.20/- per kg. These changes show that supply of sugar is?

A. Oerfectly elastic
B. Perfectly inelastic
C. Less elastic
D. More elastic
Answer» D. More elastic


Discussion

No Comment Found

Related MCQs