हिंदी

With the help of a formula calculate the elasticity of supply from the following table: Price 10 15 Quantity supplied 200 225

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प्रश्न

With the help of a formula calculate the elasticity of supply from the following table:

Price Quantity supplied
10 200
15 225
संख्यात्मक
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उत्तर

Es = `(ΔQ)/(ΔP)xxP/Q`

= `25/5xx10/200`

= `1/4`

= 0.25

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Elasticity of Supply
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अध्याय 3: Theory of Supply - QUESTIONS [पृष्ठ ७९]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 3 Theory of Supply
QUESTIONS | Q 21. | पृष्ठ ७९

संबंधित प्रश्न

Define a relatively elastic supply.


Identify the degree of elasticity of supply from the following graph:


What is the formula for percentage method of calculating price elasticity of supply?


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

Perishable and durable goods.


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

Nature of the entrepreneurs.


  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.

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

When an entrepreneur introduces a new technique or a new product, it is called ______.


When the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.


If the price elsaticity of supply is 1 and the percentage change in price is 10, then the percentage change in quatity supplied should be ______.


Pick the option which does not belong to the group.


When is the supply of a commodity is called elastic?


Draw a straight line supply showing elasticity greater than one.


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.


Explain any four determinants of elasticity of supply.


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 inelastic supply?


When is supply of a good unitary elastic?


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


With the help of a suitable diagram, explain the following degree of elasticity of supply.

Es > 1


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