(English Medium) ICSE Class 10 - CISCE Question Bank Solutions

Using graphs, explain any four types of elasticity of supply.

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 is meant by inelastic supply?

What do you mean by elastic supply?

When is supply of a good unitary elastic?

What do you mean by perfectly inelastic supply?

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

Why is the supply of eggs inelastic?

Explain the percentage method of measuring price elasticity of supply.

Define a relatively inelastic supply.

Draw relatively inelastic supply.

Draw relatively elastic supply.

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

E_s > 1

Fill in each of the numbered blanks with the correct form of the word given in brackets. Do not copy the passage but write in correct serial order the word or phrase appropriate to the blank space.

It was hot in the railway compartment and the fan ______ (1) (not work). The elderly lady ______ (2) (use) up all her water because she had cheerfully shared it with her fellow passengers. She knew that the train ______ (3) (halt) at the station for only three minutes. Calling a shoeshine boy she said, ‘Will you help me? I ______ (4) (need) a bottle of cold water and here is the money,' and she put a twenty rupee note in his hand. The boy snatched the money and ______ (5) (disappear) into the crowd on the platform. A fellow passenger ______ (6) (cannot believe) what he had witnessed. ‘What ______ (7) (you do)?’ He said, ‘You ______ (8) (never see) your money again.' Just then the whistle was heard and the train began to move. At that moment the child appeared at the window with the water. 'Your water,' he gasped, out of breath. ‘And the change.'

We can cut ______ this field instead of taking the main road.

Passengers are advised ______ standing on the footboard of a moving bus.

They have been working on the project ______ years now.

Ever ______ the accident, he has been afraid of boarding buses.

It is a hard climb ______ the hill.

She turned ______ the offer because she did not like the terms and conditions.