हिंदी

What is the degree of elasticity of supply in the diagram?

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प्रश्न

What is the degree of elasticity of supply in the diagram?

विकल्प

  • Infinity

  • One

  • Zero

  • None of these

MCQ
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उत्तर

Zero

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Elasticity of Supply
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Theory of Supply - QUESTIONS [पृष्ठ ७३]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 3 Theory of Supply
QUESTIONS | Q 15. | पृष्ठ ७३
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 4 Theory of Supply
Exercise | Q 15. | पृष्ठ ११२

संबंधित प्रश्न

Draw a perfectly inelastic supply curve.


Identify the elasticity of supply for the following with proper reasoning:

Primitive and advanced technology.


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


Identify the elasticity of supply for the following with proper reasoning:

Short run and long run period.


Identify the elasticity of supply for the following with proper reasoning:

Nature of the entrepreneurs.


Which of the following measures of price elasticity shows elasticity shows elastic supply?


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


  1. Price elasticity of supply of a good is 0.8, its supply is said to be inelastic.
  2. If the quantity supplied of a commodity remain the same whatever its price supply is said to perfectly inelastic.

The given diagram is a case of ______ supply.


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

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:


Draw a straight line supply showing elasticity greater than one.


The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?


The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.


Draw and briefly explain a perfectly inelastic supply curve.


Draw and briefly explain a perfectly elastic supply curve.


How is elasticity of supply measured according to the percentage method?


Give the meaning of perfectly elastic supply.


Define price elasticity of supply.


Draw the supply curve showing price elasticity of supply equal to one.


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


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.


What is meant by elasticity of supply?


What is meant by inelastic supply?


Price elasticity of supply of a good is 0.8. Is the supply 'elastic' or 'inelastic', and why?


Draw a straight line supply curve of the following situation.

More than unitary elastic


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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