Advertisements
Advertisements
प्रश्न
Draw the supply curve showing price elasticity of supply equal to one.
Draw a straight-line supply curve for the following situation.
Unitary elastic
Advertisements
उत्तर
A straight-line supply curve that originates from the origin point has a price elasticity of supply equal to one at all the points. Curves S1 or S2 have a unitary elasticity.
Notes
Students should refer to the answer according to the question.
APPEARS IN
संबंधित प्रश्न
Draw a perfectly inelastic supply curve.
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es = ∞
Draw a well-labelled diagram showing the price elasticity of supply of a commodity starting from the origin.
Draw a perfectly elastic supply curve.
Define a relatively elastic supply.
What is the formula for percentage method of calculating price elasticity of supply?
A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.
The given diagram is a case of ______ supply.
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 ______.
Which of the following measures of price elasticity shows inelastic supply?
With the help of a formula calculate the elasticity of supply from the following table:
| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
Draw and briefly explain a perfectly inelastic 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.
Define price elasticity of supply.
Draw the supply curve showing price elasticity of supply greater than one.
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 pnce elasticity of supply of a good carry plus sign?
Explain the percentage method of measuring price elasticity of supply.
Draw relatively inelastic supply.
