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Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column: - Economic Applications

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प्रश्न

Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column:

Column I Column II
A. Perfectly Inelastic (i) Es > 1
B. Perfectly Elastic (ii) Es < 1
C. Inelastic (iii) Es = 0
D. Highly Elastic (iv) Es = infinity

Choose the correct alternative:

विकल्प

  • A. (iv), B. (i), C. (iii), D. (ii)

  • A. (ii), B. (iii) c. (i), D. (iv)

  • A (iii), B. (iv), C. (ii) D. (i)

  • A. (i), B. (ii), c. (iv), D. (iii)

MCQ
जोड़ियाँ मिलाइएँ
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उत्तर

A (iii), B. (iv), C. (ii) D. (i)

Explanation:

Column I Column II
A. Perfectly Inelastic (iii) Es = 0
B. Perfectly Elastic (iv) Es = infinity
C. Inelastic (ii) Es < 1
D. Highly Elastic (i) Es > 1
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Elasticity of Supply
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अध्याय 3: Theory of Supply - QUESTIONS [पृष्ठ ७१]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 3 Theory of Supply
QUESTIONS | Q 1. | पृष्ठ ७१

संबंधित प्रश्न

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


Define a relatively elastic supply.


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


Identify the value of elasticity of supply for the supply curve OS and S1S2.


If price elasticity of supply is greater than 1, then supply is said be elastic.


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

When an entrepreneur introduces a new technique or a new product, it is called ______.


Elasticity of supply is measured by:


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?


Price elasticity of supply is likely to be ______ in the long run.


Draw and briefly explain a perfectly inelastic supply curve.


The price of a commodity rises from ₹ 20 to ₹ 40 Consequently, its supply increases from 100 units to 400 units. Calculate price elasticity of supply.


Define price elasticity of supply.


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


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


Draw relatively inelastic supply.


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

Es > 1


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