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प्रश्न
When an entrepreneur introduces a new technique or a new product, it is called ______.
पर्याय
Invention
Innovation
Expansion
Inspiration
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उत्तर
When an entrepreneur introduces a new technique or a new product, it is called Innovation.
Explanation:
Innovation refers to introducing a new technique, product, or idea. When an entrepreneur introduces something new, whether a product or a process, it is considered an innovation. This can lead to more efficient production, new market opportunities, or improved products.
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संबंधित प्रश्न
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es = ∞
Define a relatively elastic supply.
Which of the following measures of price elasticity shows elasticity shows elastic supply?
- Price elasticity of supply of a good is 0.8, its supply is said to be inelastic.
- 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.

Choose the correct term for the given definition.
The ratio between the percentage change in supply to a percentage change in price.
When the price increases by 50% and the supply increases only by 5% the price elasticity of supply of that commodity will be ______.
Elasticity of supply is measured by:
Pick the option which does not belong to the group.
A linear supply curve starting from the origin making an angle of 75 degree with X-axis will have ______.
The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?
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.
Draw the supply curve showing price elasticity of supply less than one.
Indicate the degree of elasticity on the supply curve given below:

What is meant by elasticity of supply?
Using graphs, explain any four types of elasticity of supply.
What do you mean by elastic supply?
