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प्रश्न
Which of the following measures of price elasticity shows elasticity shows elastic supply?
पर्याय
0
0.5
1.0
1.5
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उत्तर
1.5
Explanation:
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Elastic Supply is characterized by a price elasticity of supply greater than 1. This means that the percentage change in quantity supplied is greater than the percentage change in price.
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The value 1.5 indicates elastic supply, as it is greater than 1. The other options (0, 0.5, and 1.0) indicate inelastic or unitary elastic supply.
संबंधित प्रश्न
Draw a perfectly inelastic supply curve.
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Identify the elasticity of supply for the following with proper reasoning:
Short run and long run period.
When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.
Pick the option which does not belong to the group.
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Assertion (A): In case of perfectly inelastic supply, supply curve is a vertical straight line supply curve.
Reason (R): Supply does not change with change in price in case of Es = 0.
Which of the following measures of price elasticity shows inelastic supply?
When is the supply of a commodity is called elastic?
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| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
The quantity of a commodity supplied increases by 25% when its price rises by 10%. Calculate price elasticity of supply.
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Cotton and cotton seeds are examples of ______ supply.
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What is meant by 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?
Price elasticity of supply of a good is 0.8. Is the supply 'elastic' or 'inelastic', and why?
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Explain the percentage method of measuring price elasticity of supply.
Define a relatively inelastic supply.
