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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
With the help of a suitable diagram, explain the following degree of elasticity of supply.
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The given diagram is a case of ______ supply.
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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 ______.
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Reason (R): Supply does not change with change in price in case of Es = 0.
Draw a straight line supply showing elasticity greater than one.
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| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
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Draw the supply curve showing price elasticity of supply less than one.
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Draw a straight line supply curve of the following situation.
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Define a relatively inelastic supply.
