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प्रश्न
When there is no change in price, but quality supplied changes, it implies a situation of ______.
पर्याय
Relatively elastic supply
Relatively in elastic supply
Perfectly inelastic supply
Perfectly elastic supply
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उत्तर
When there is no change in price, but quality supplied changes, it implies a situation of perfectly elastic supply.
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संबंधित प्रश्न
Choose the correct term for the given definition.
The ratio between the percentage change in supply to a percentage change in price.
Pick the option which does not belong to the group.
Which of the following measures of price elasticity shows inelastic supply?
When is the supply of a commodity is called elastic?
Price of a product increases by 2%. As a result, its supply rises by 4%. What is elasticity of supply of the commodity?
Price elasticity of supply is likely to be ______ in the long run.
Give the meaning of perfectly elastic supply.
Identify and define the degree of price elasticity of supply from the diagram for the supply curves S1, S2, S3, S4.
What do you mean by elastic supply?
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es > 1
