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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
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es = ∞
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 ______.
Elasticity of supply is measured by:
When is the supply of a commodity is called elastic?
With the help of a formula calculate the elasticity of supply from the following table:
| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
Give the meaning of perfectly elastic supply.
Indicate the degree of elasticity on the supply curve given below:
Draw and explain the following degree of elasticity of supply.
Ep > 1
Define a relatively inelastic supply.
Draw relatively inelastic supply.
