Advertisements
Advertisements
प्रश्न
Price elasticity of supply is likely to be ______ in the long run.
पर्याय
perfectly inelastic
perfectly elastic
elastic
inelastic
Advertisements
उत्तर
Price elasticity of supply is likely to be elastic in the long run.
APPEARS IN
संबंधित प्रश्न
Draw a perfectly elastic supply curve.
Identify the elasticity of supply for the following with proper reasoning:
Nature of the entrepreneurs.
When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.
With the help of a formula calculate the elasticity of supply from the following table:
| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
Explain any four determinants of elasticity of supply.
Define price elasticity of supply.
Draw and explain the following degree of elasticity of supply.
Ep > 1
What is meant by elasticity of supply?
Explain the percentage method of measuring price elasticity of supply.
Draw relatively inelastic supply.
