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प्रश्न
When an entrepreneur introduces a new technique or a new product, it is called ______.
विकल्प
Invention
Innovation
Expansion
Inspiration
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उत्तर
When an entrepreneur introduces a new technique or a new product, it is called Innovation.
Explanation:
Innovation refers to introducing a new technique, product, or idea. When an entrepreneur introduces something new, whether a product or a process, it is considered an innovation. This can lead to more efficient production, new market opportunities, or improved products.
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संबंधित प्रश्न
Draw a perfectly inelastic supply curve.
Draw a perfectly elastic supply curve.
Explain any three factors affecting elasticity of supply.
Identify the elasticity of supply for the following with proper reasoning:
Perishable and durable goods.
What is the degree of elasticity of supply in the diagram?
A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.
- Price elasticity of supply of a good is 0.8, its supply is said to be inelastic.
- If the quantity supplied of a commodity remain the same whatever its price supply is said to perfectly inelastic.
Choose the correct term for the given definition.
The ratio between the percentage change in supply to a percentage change in price.
Define elasticity of supply.
If the price of a commodity increases by 50% and its supply increases by 25% then calculate the price elasticity of supply following the percentage method. Identify the degree of price elasticity.
Explain any four determinants of elasticity of supply.
How is elasticity of supply measured according to the percentage method?
Give the meaning of perfectly elastic supply.
Draw the supply curve showing price elasticity of supply greater than one.
Draw the supply curve showing price elasticity of supply less than one.
Identify and define the degree of price elasticity of supply from the diagram for the supply curves S1, S2, S3, S4.
If the price of a commodity falls by 10% and consequently, the quantity supplied decreases by 20%, what will be its elasticity of supply?
What do you mean by elastic supply?
