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Draw a straight line supply showing elasticity greater than one. - Economics

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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 Economic Applications [English] Class 10 ICSE
अध्याय 3 Theory of Supply
QUESTIONS | Q 18. b | पृष्ठ ७२
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 4 Theory of Supply
Exercise | Q 19. (ii) | पृष्ठ ९९

संबंधित प्रश्न

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


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

Primitive and advanced technology.


Identify the degree of elasticity of supply from the following graph:


Explain any three factors affecting elasticity of supply.


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

Perishable and durable goods.


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


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


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


  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.

The given diagram is a case of ______ supply.


When the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.


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 ______.


A linear supply curve starting from the origin making an angle of 75 degree with X-axis will have ______.


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

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


Draw and briefly explain a perfectly elastic supply curve.


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


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


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


Draw and explain the following degree of elasticity of supply.

Ep > 1


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


What do you mean by elastic supply?


Why is the supply of eggs inelastic?


Draw a straight line supply curve of the following situation.

More than unitary elastic


Define a relatively inelastic supply.


Draw relatively inelastic supply.


Draw relatively elastic supply.


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

Es > 1


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