मराठी

Draw a straight line supply curve of the following situation. More than unitary elastic - Economics

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प्रश्न

Draw a straight line supply curve of the following situation.

More than unitary elastic

आकृती
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उत्तर

Any straight-line supply curve that originates from the y-axis has more than unitary elasticity. Supply curve S4 shows more than unitary elastic supply.

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Elasticity of Supply
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Theory of Supply - QUESTION BANK [पृष्ठ ७८]

APPEARS IN

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संबंधित प्रश्‍न

Draw a perfectly inelastic supply curve.


Draw a perfectly elastic supply curve.


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

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

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When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.


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Which of the following measures of price elasticity shows inelastic supply?


Price of a product increases by 2%. As a result, its supply rises by 4%. What is elasticity of supply of the commodity?


The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.


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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.


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When is supply of a good unitary elastic?


Draw relatively inelastic supply.


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