Elasticity of supply is greater than one when.

Proportionate change in quantity supplied in more than the proportional change in price

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Proportionate change in price is greater than the proportionate change in quantity supplied

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Change in price and quantity supplied are equal

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None of these

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Solution

The correct option is A Proportionate change in quantity supplied in more than the proportional change in price
$E s > 1$ when $% Δ Q > % Δ P$ .
When it is greater than one, the supply can be described as elastic.

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