हिंदी

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

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प्रश्न

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

आकृति
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उत्तर

More than unitary elastic: Any straight line supply curve that originates from the y-axis has more than unitary elasticity. Supply curve S4 shows more than unitary elastic supply.

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Elasticity of Supply
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अध्याय 3: Theory of Supply - QUESTIONS [पृष्ठ ७९]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 3 Theory of Supply
QUESTIONS | Q 13. (b) (ii) | पृष्ठ ७९

संबंधित प्रश्न

Draw a perfectly inelastic supply curve.


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

Short run and long run period.


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

Nature of the entrepreneurs.


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


The given diagram is a case of ______ supply.


Choose the correct term for the given definition.

The ratio between the percentage change in supply to a percentage change in price.


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


Elasticity of supply is measured by:


Pick the option which does not belong to the group.


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%?


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.


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


What is meant by elasticity of supply?


What do you mean by elastic supply?


When is supply of a good unitary elastic?


Define a relatively inelastic supply.


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

Es > 1


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