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Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I: Column I A. Perfectly Inelastic B. Perfectly Elastic C. Inelastic D. Highly Elastic

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Question

Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I:

Column I Column II
A. Perfectly Inelastic (i) Es > 1
B. Perfectly Elastic (ii) Es < 1
C. Inelastic (iii) Es = 0
D. Highly Elastic (iv) Es = infinity

Choose the correct alternative:

Options

  • A. (iv), B. (i), C. (iii), D. (ii)

  • A. (ii), B. (iii) c. (i), D. (iv)

  • A (iii), B. (iv), C. (ii) D. (i)

  • A. (i), B. (ii), c. (iv), D. (iii)

MCQ
Match the Columns
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Solution

A (iii), B. (iv), C. (ii) D. (i)

Explanation:

Column I Column II
A. Perfectly Inelastic (iii) Es = 0
B. Perfectly Elastic (iv) Es = infinity
C. Inelastic (ii) Es < 1
D. Highly Elastic (i) Es > 1
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Elasticity of Supply
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Chapter 3: Theory of Supply - QUESTIONS [Page 77]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 1. | Page 77

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