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
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पाठ 3: Theory of Supply - QUESTION BANK [पृष्ठ ७८]

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संबंधित प्रश्‍न

Identify the elasticity of supply (es) of S1, S2 and S3 supply curves:


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


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

Perishable and durable goods.


A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.


Choose the correct term for the given definition.

The ratio between the percentage change in supply to a percentage change in price.


When the percentage change in the quantity supplied of a commodity is exactly equal to the percentage change in its price it is known as ______.


Assertion (A): In case of perfectly inelastic supply, supply curve is a vertical straight line supply curve.

Reason (R): Supply does not change with change in price in case of Es = 0.


When is the supply of a commodity is called elastic?


The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?


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

Price Quantity supplied
10 200
15 225

When there is no change in price, but quality supplied changes, it implies a situation of ______.


Cotton and cotton seeds are examples of ______ supply.


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.


What do you mean by elastic supply?


Explain the percentage method of measuring price elasticity of supply.


Draw relatively elastic supply.


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

Es > 1


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