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प्रश्न
Choose the correct alternative from given options:
The coefficient of price elasticity of supply of a good is 3. It is known as ___________.
विकल्प
Unitary Elastic Supply
Perfectly Inelastic Supply
Elastic Supply
Inelastic Supply
उत्तर
The coefficient of price elasticity of supply of a good is 3. It is known as elastic supply.
Hence, the correct answer is option Elastic Supply.
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संबंधित प्रश्न
Relatively elastic supply
When price of a commodity falls from Rs 12 per unit to Rs 9 per unit, the producer supplies 75 percent less output. Calculate price elasticity of supply.
Supply is inversely related to price.
Supply is directly related to price.
A firm supplies 10 units of a good at a price of Rs 5 per unit. Price elasticity of supply is 1.25. What quantity will the firm supply at a price of Rs 7 per unit?
State whether the following statements are True or False:
Better transport facility increases supply at the same price.
Define or explain the following concepts (Any THREE):
Stock
Fill in the blank with appropriate alternative given below
The vertical supply curve represents _____________ elasticity.
Fill in the blank with appropriate alternative given below
An increase in supply means selling a ____________ amount at the same price.
State whether the following statement is TRUE and FALSE.
Geometric Method is also known as Point Method.
Define or explain the following concept:
Elasticity of Supply
Distinguish between the following:
Relatively Elastic Supply and Relatively Inelastic Supply
Write short note on the following:
Elasticity of supply.
Answer the following question:
What are the exceptions to the law of supply?
Do you agree or disagree with the following statement? Give reason.
There is no difference between stock and supply.
Answer the following about 200 to 250 words
State and explain the law of supply. What are the exceptions to this law?
Answer the following about 200 to 250 words
Explain various methods to measure Price Elasticity of Supply.
Identify & explain the concept from the given illustration.
Amar sells 50 dozens of mangoes daily at ₹ 300/- per dozen.
Identify & explain the concept from the given illustration.
Ajay’s papad and pickle producing unit incurred expenditure of ₹ 50,000/- on machinery, ₹ 1,00,000/- towards rent and ₹ 2,00,000/- on wages for the workers during 2018-19.
