हिंदी

Draw a straight line supply showing elasticity greater than one.

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प्रश्न

Draw a straight line supply showing elasticity greater than one.

Draw a straight line supply curve for more than unitary elastic.

Draw diagrams when price elasticity of supply is greater than one.

आकृति
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उत्तर

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Elasticity of Supply
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अध्याय 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [पृष्ठ ९७]

APPEARS IN

फ्रैंक Economics [English] Class 12 ISC
अध्याय 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 34. (iii) | पृष्ठ ९७
फ्रैंक Economics [English] Class 12 ISC
अध्याय 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 9. b. (ii) | पृष्ठ ९९
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 4 Theory of Supply
Exercise | Q 19. (ii) | पृष्ठ ११६
गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 3 Theory of Supply
QUESTIONS | Q 18. b | पृष्ठ ७८

संबंधित प्रश्न

Explain briefly the impact of the cost of production on the elasticity of supply.


With the help of a suitable diagram, explain the following degree of elasticity of supply.

Es = ∞


Define a relatively elastic supply.


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


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

Primitive and advanced technology.


What is the formula for percentage method of calculating price elasticity of supply?


Explain any three factors affecting elasticity of supply.


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:

Perishable and durable goods.


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

Nature of the entrepreneurs.


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


A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.


  1. Price elasticity of supply of a good is 0.8, its supply is said to be inelastic.
  2. If the quantity supplied of a commodity remain the same whatever its price supply is said to perfectly inelastic.

Which of the following statements are true?

The cost of production will increase if

  1. The government gives subsidies
  2. The firm uses obsolete technology
  3. The price of diesel increases

If the price elsaticity of supply is 1 and the percentage change in price is 10, then the percentage change in quatity supplied should be ______.


Elasticity of supply is measured by:


Pick the option which does not belong to the group.


When the percentage change in the quantity supplied of a commodity is exactly equal to the percentage change in its price it is known as ______.


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.


Price of a product increases by 2%. As a result, its supply rises by 4%. What is elasticity of supply of the commodity?


The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?


With the help of a formula calculate the elasticity of supply from the following table:

Price Quantity supplied
10 200
15 225

Cotton and cotton seeds are examples of ______ supply.


Draw and briefly explain a perfectly elastic supply curve.


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.


Draw the supply curve showing price elasticity of supply equal to one.


Draw the supply curve showing price elasticity of supply greater than one.


Draw and explain the following degree of elasticity of supply.

Ep > 1


What is meant by elasticity of supply?


Using graphs, explain any four types of elasticity of supply.


If the price of a commodity falls by 10% and consequently, the quantity supplied decreases by 20%, what will be its elasticity of supply?


Why does the measure of price elasticity of supply of a good carry plus sign?


What is meant by inelastic supply?


Why is the supply of eggs inelastic?


Explain the percentage method of measuring price elasticity of supply.


Define a relatively inelastic supply.


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