When the proportionate change in the supply of goods is more than the proportionate change in its price, the elasticity of supply will be:

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Rajeev Malhotra

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Q. When the proportionate change in the supply of goods is more than the proportionate change in its price, the elasticity of supply will be:

(A) Less than Unit
(B) Equal to Unit
(C) Greater than Unit
(D) Infinite

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✅ Correct Answer: (C) Greater than Unit

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