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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
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es = ∞
What is the formula for percentage method of calculating price elasticity of supply?
If price elasticity of supply is greater than 1, then supply is said be elastic.
The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.
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.
Draw and briefly explain a perfectly elastic supply curve.
Indicate the degree of elasticity on the supply curve given below:
Identify and define the degree of price elasticity of supply from the diagram for the supply curves S1, S2, S3, S4.
Explain the percentage method of measuring price elasticity of supply.
Draw a straight line supply curve of the following situation.
More than unitary elastic
