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CSS Solved Papers
Physics Chemistry

CSS :: Demand and Supply


  In May 2013, firm was supplying 500kg of sugar of market price of Rs. 30/- per kg. During June 2013, firm's supply of sugar had decreased to 450kg at price Rs. 20/- per kg. These changes show that supply of sugar is:
[A]. Perfectly elastic[B]. Perfectly inelastic
[C]. Less elastic[D]. More elastic

Answer: Option C


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