हिंदी

Assertion (A): In case of perfectly inelastic supply, supply curve is a vertical straight line supply curve. Reason (R): Supply does not change with change in price in case of Es = 0.

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प्रश्न

Assertion (A): In case of perfectly inelastic supply, supply curve is a vertical straight line supply curve.

Reason (R): Supply does not change with change in price in case of Es = 0.

विकल्प

  • Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

  • Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

  • Assertion (A) is true but Reason (R) is false.

  • Assertion (A) is false but Reason (R) is true.

MCQ
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उत्तर

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

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Elasticity of Supply
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अध्याय 3: Theory of Supply - QUESTIONS [पृष्ठ ७१]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 3 Theory of Supply
QUESTIONS | Q 3. | पृष्ठ ७१

संबंधित प्रश्न

Draw a well-labelled diagram showing the price elasticity of supply of a commodity starting from the origin.


Draw a perfectly elastic supply curve.


Identify the elasticity of supply (es) of S1, S2 and S3 supply curves:


Identify the value of elasticity of supply for the supply curve OS and S1S2.


Identify the elasticity of supply for the following with proper reasoning:

Short run and long run period.


What is the degree of elasticity of supply in the diagram?


When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.


Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column:

Column I Column II
A. Perfectly Inelastic (i) Es > 1
B. Perfectly Elastic (ii) Es < 1
C. Inelastic (iii) Es = 0
D. Highly Elastic (iv) Es = infinity

Choose the correct alternative:


Which of the following measures of price elasticity shows inelastic supply?


The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.


Cotton and cotton seeds are examples of ______ supply.


If the price of a commodity increases by 50% and its supply increases by 25% then calculate the price elasticity of supply following the percentage method. Identify the degree of price elasticity.


Explain any four determinants of elasticity of supply.


Indicate the degree of elasticity on the supply curve given below:


Indicate the degree of elasticity on the supply curve given below:


What is meant by inelastic supply?


What do you mean by elastic supply?


What do you mean by perfectly inelastic supply?


Define a relatively inelastic supply.


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