A firm earns a revenue of Rs 60 when the price is Rs 10. When the price increases to Rs 15, the revenue becomes Rs 120. What is the elasticity of supply?
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Q4
If 1 kg of wheat costs Rs 12, what is the cost of 3 kg of wheat?
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Q5
Cost of 5kg of orange is Rs 60. What will be the cost of 1kg of orange?