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प्रश्न
Pick the option which does not belong to the group.
विकल्प
Price of a commodity
Cost of Inputs
Income of the consumer
Level of technology
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उत्तर
Income of the consumer
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संबंधित प्रश्न
Draw a perfectly inelastic supply curve.
What is the formula for percentage method of calculating price elasticity of supply?
Identify the elasticity of supply for the following with proper reasoning:
Short run and long run period.
A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.
When the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.
Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I:
| 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:
When is the supply of a commodity is called elastic?
Draw a straight line supply showing elasticity greater than one.
Price of a product increases by 2%. As a result, its supply rises by 4%. What is elasticity of supply of the commodity?
The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.
When there is no change in price, but quality supplied changes, it implies a situation of ______.
Explain any four determinants of elasticity of supply.
Draw the supply curve showing price elasticity of supply less than one.
Indicate the degree of elasticity on the supply curve given below:
Draw and explain the following degree of elasticity of supply.
Ep > 1
Identify and define the degree of price elasticity of supply from the diagram for the supply curves S1, S2, S3, S4.
Why does the measure of price elasticity of supply of a good carry plus sign?
What is meant by inelastic supply?
Why is the supply of eggs inelastic?
