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प्रश्न
When is supply of a good unitary elastic?
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उत्तर
If the percentage change in supply of a good is equal to the percentage change in the price, then the supply of the good is said to be unitary elastic. (Es = 1)
संबंधित प्रश्न
Explain briefly the impact of the cost of production on the elasticity of supply.
Draw a well-labelled diagram showing the price elasticity of supply of a commodity starting from the origin.
Draw a perfectly elastic supply curve.
Identify the degree of elasticity of supply from the following graph:
What is the formula for percentage method of calculating price elasticity of supply?
Explain any three factors affecting elasticity of supply.
Identify the value of elasticity of supply for the supply curve OS and S1S2.
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?
If price elasticity of supply is greater than 1, then supply is said be elastic.
Which of the following statements are true?
The cost of production will increase if
- The government gives subsidies
- The firm uses obsolete technology
- The price of diesel increases
Elasticity of supply is measured by:
Pick the option which does not belong to the group.
Define elasticity of supply.
Which of the following measures of price elasticity shows inelastic supply?
Draw a straight line supply showing elasticity greater than one.
Cotton and cotton seeds are examples of ______ supply.
Explain any four determinants of elasticity of supply.
Give the meaning of perfectly elastic supply.
Define price elasticity of supply.
Draw and explain the following degree of elasticity of supply.
Ep > 1
Identify and define the degree of price elasticity of supply from the diagram for the supply curves S1, S2, S3, S4.
If the price of a commodity falls by 10% and consequently, the quantity supplied decreases by 20%, what will be its elasticity of supply?
Why does the measure of price elasticity of supply of a good carry plus sign?
What do you mean by perfectly inelastic supply?
Draw relatively inelastic supply.
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es > 1
