Advertisements
Advertisements
प्रश्न
If the price of a good rises by 10% and supply increases by 20%, what can be said about the elasticity of supply?
विकल्प
Supply is inelastic
Supply is elastic
Supply does not change
Supply is perfectly inelastic
MCQ
Advertisements
उत्तर
Supply is elastic
Explanation:
When supply increases more than the increase in price, supply is called elastic.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
