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The given diagram is a case of ______ supply. - Economic Applications

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Question

The given diagram is a case of ______ supply.

Options

  • Less Elastic Supply

  • Highly Elastic Supply

  • Unitary Elastic Supply

  • Perfectly Elastic Supply

MCQ
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Solution

The given diagram is a case of Highly elastic supply.

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Elasticity of Supply
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Chapter 3: Theory of Supply - QUESTIONS [Page 68]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 26. | Page 68

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