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प्रश्न
When there is no change in price, but quality supplied changes, it implies a situation of ______.
विकल्प
Relatively elastic supply
Relatively in elastic supply
Perfectly inelastic supply
Perfectly elastic supply
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उत्तर
When there is no change in price, but quality supplied changes, it implies a situation of perfectly elastic supply.
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संबंधित प्रश्न
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:
Perishable and durable goods.
If price elasticity of supply is greater than 1, then supply is said be elastic.
- 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.
Which of the following statements are true?
The cost of production will increase if
- The government gives subsidies
- The firm uses obsolete technology
- The price of diesel increases
When is the supply of a commodity is called elastic?
With the help of a formula calculate the elasticity of supply from the following table:
| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
Price elasticity of supply of a good is 0.8. Is the supply 'elastic' or 'inelastic', and why?
Explain the percentage method of measuring price elasticity of supply.
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es > 1
