मराठी

What is the degree of elasticity of supply in the diagram? - Economic Applications

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प्रश्न

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

पर्याय

  • Infinity

  • One

  • Zero

  • None of these

MCQ
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उत्तर

Zero

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Elasticity of Supply
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Theory of Supply - QUESTIONS [पृष्ठ ६७]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 3 Theory of Supply
QUESTIONS | Q 15. | पृष्ठ ६७
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 4 Theory of Supply
Exercise | Q 15. | पृष्ठ ९७

संबंधित प्रश्‍न

Define a relatively elastic supply.


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


Explain any three factors affecting elasticity of supply.


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

Short run and long run period.


A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.


When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.


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.

Choose the correct term for the given definition.

The ratio between the percentage change in supply to a percentage change in price.


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 ______.


When the percentage change in the quantity supplied of a commodity is exactly equal to the percentage change in its price it is known as ______.


A linear supply curve starting from the origin making an angle of 75 degree with X-axis will have ______.


When is the supply of a commodity is called elastic?


The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.


Cotton and cotton seeds are examples of ______ supply.


Explain any four determinants of elasticity of supply.


Give the meaning of perfectly inelastic supply.


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


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


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


Draw and explain the following degree of elasticity of supply.

Ep > 1


When is supply of a good unitary elastic?


What do you mean by perfectly inelastic supply?


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


Why is the supply of eggs inelastic?


Draw a straight line supply curve of the following situation.

More than unitary elastic


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