Advertisements
Advertisements
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
Advertisements
उत्तर
When there is no change in price, but quality supplied changes, it implies a situation of perfectly elastic supply.
APPEARS IN
संबंधित प्रश्न
Identify the elasticity of supply for the following with proper reasoning:
Nature of the entrepreneurs.
What is the degree of elasticity of supply in the diagram?
- 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.
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 the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.
Pick the option which does not belong to the group.
Give the meaning of perfectly inelastic supply.
Define price elasticity of supply.
What do you mean by elastic supply?
