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प्रश्न
Identify the elasticity of supply (es) of S1, S2 and S3 supply curves:
पर्याय
All have es > 1
All have es < 1
All have es = 1
All have es = 0
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उत्तर
All have es > 1
Explanation:
In graphical presentation, when supply curves begin on the Y axis, the elasticity of supply is greater than 1. A curve beginning on the y axis indicates that even at a price close to zero, suppliers are prepared to deliver a certain number of goods. As the price rises, the quantity supplied grows at a faster rate, indicating high elasticity.
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संबंधित प्रश्न
Draw a perfectly inelastic supply curve.
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Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column:
| Column I | Column II |
| A. Perfectly Inelastic | (i) Es > 1 |
| B. Perfectly Elastic | (ii) Es < 1 |
| C. Inelastic | (iii) Es = 0 |
| D. Highly Elastic | (iv) Es = infinity |
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Es > 1
