हिंदी

Give Reason Or Explain: the Supply of Land is Inelastic. - Economics

Advertisements
Advertisements

प्रश्न

Give reason or explain:

The supply of land is inelastic.

टिप्पणी लिखिए
Advertisements

उत्तर

The supply of land is inelastic which means that it is less responsive to the changes in its price. This is because of its limited availability. Thus, even when the price of the land increases, its supply cannot be increased.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Factors of Production - Exercise 2 [पृष्ठ ६०]

APPEARS IN

मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 7 Factors of Production
Exercise 2 | Q 2.3 | पृष्ठ ६०
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×