मराठी

Identify the value of elasticity of supply for the supply curve OS and S1S2. - Economic Applications

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प्रश्न

Identify the value of elasticity of supply for the supply curve OS and S1S2.

पर्याय

  • OS > 1, S1S2 < 1

  • OS < 1, S1S2 > 1

  • OS < 1, S1S2 = 1

  • OS = 1, S1S2 > 1

MCQ
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उत्तर

OS = 1, S1S2 > 1

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Elasticity of Supply
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2024-2025 (March) Specimen Paper

संबंधित प्रश्‍न

Explain briefly the impact of the cost of production on the elasticity of supply.


What is the formula for percentage method of calculating price elasticity of supply?


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

Nature of the entrepreneurs.


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


Which of the following statements are true?

The cost of production will increase if

  1. The government gives subsidies
  2. The firm uses obsolete technology
  3. The price of diesel increases

When an entrepreneur introduces a new technique or a new product, it is called ______.


When the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.


Pick the option which does not belong to the group.


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

Choose the correct alternative:


Define elasticity of supply.


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


When is the supply of a commodity is called elastic?


Define price elasticity of supply.


Draw the supply curve showing price elasticity of supply equal to one.


Using graphs, explain any four types of elasticity of supply.


What do you mean by elastic supply?


Price elasticity of supply of a good is 0.8. Is the supply 'elastic' or 'inelastic', and why?


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

Es > 1


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