If a dealer is prepared to supply 1000 sets of a 29 Color TV if the p – McqOptions

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1.	If a dealer is prepared to supply 1000 sets of a 29 Color TV if the price is `12,000 per set, however if the price raises to `15,000 he is prepared to supply 1,500 pieces. The elasticity of supply of TV set is
A.	1
B.	2
C.	0.75
D.	1.4
Answer» C. 0.75

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