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प्रश्न
Price elasticity of supply is likely to be ______ in the long run.
विकल्प
perfectly inelastic
perfectly elastic
elastic
inelastic
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उत्तर
Price elasticity of supply is likely to be elastic in the long run.
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संबंधित प्रश्न
Define elasticity of supply.
Which of the following measures of price elasticity shows inelastic supply?
Price of a product increases by 2%. As a result, its supply rises by 4%. What is elasticity of supply of the commodity?
When there is no change in price, but quality supplied changes, it implies a situation of ______.
Draw and briefly explain a perfectly inelastic supply curve.
Define price elasticity of supply.
Draw the supply curve showing price elasticity of supply equal to one.
Indicate the degree of elasticity on the supply curve given below:
What is meant by elasticity of supply?
If the price of a commodity falls by 10% and consequently, the quantity supplied decreases by 20%, what will be its elasticity of supply?
