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प्रश्न
Explain briefly the impact of the cost of production on the elasticity of supply.
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उत्तर
If the cost of production increases, then there is an adverse impact on supply. If the cost of production increases, then the supply does not change with the change in price and the supply of such a commodity will be perfectly inelastic.
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संबंधित प्रश्न
When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.
When the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.
Which of the following measures of price elasticity shows inelastic supply?
When is the supply of a commodity is called elastic?
The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.
Explain any four determinants of elasticity of supply.
How is elasticity of supply measured according to the percentage method?
Indicate the degree of elasticity on the supply curve given below:
What is meant by 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?
