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

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

Primitive and advanced technology.


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

Nature of the entrepreneurs.


What is the degree of elasticity of supply in the diagram?


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


  1. Price elasticity of supply of a good is 0.8, its supply is said to be inelastic.
  2. If the quantity supplied of a commodity remain the same whatever its price supply is said to perfectly inelastic.

The given diagram is a case of ______ 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 ______.


Elasticity of supply is measured by:


Pick the option which does not belong to the group.


Define elasticity of supply.


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

Price Quantity supplied
10 200
15 225

Draw and briefly explain a perfectly inelastic supply curve.


Draw and briefly explain a perfectly elastic supply curve.


How is elasticity of supply measured according to the percentage method?


Give the meaning of perfectly elastic supply.


Define price elasticity of supply.


Indicate the degree of elasticity on the supply curve given below:


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


Define a relatively inelastic supply.


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