(English Medium) ICSE Class 10 - CISCE Question Bank Solutions

Explain the impact of inflation on producers in the short run.

Match the following and select the correct option.

Distinguish between a change in quantity supplied and a change in supply.

Distinguish between expansion of supply and increase in supply.

Distinguish between contraction and decrease in supply.

Draw a perfectly inelastic supply curve.

Identify the elasticity of supply (e_s) of S₁, S₂ and S₃ supply curves:

Identify the elasticity of supply for the following with proper reasoning:

Primitive and advanced technology.

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:

Short run and long run period.

Identify the elasticity of supply for the following with proper reasoning:

Perishable and durable goods.

Identify the elasticity of supply for the following with proper reasoning:

Nature of the entrepreneurs.

What is the degree of elasticity of supply in the diagram?

A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.

When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.

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.

1. Price elasticity of supply of a good is 0.8, its supply is said to be inelastic.
2. 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.