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प्रश्न
Define a relatively inelastic supply.
उत्तर
Supply of a commodity will be said to be inelastic if the percentage change in quantity supplied is less than the percentage change in price.
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संबंधित प्रश्न
Draw a well-labelled diagram showing the price elasticity of supply of a commodity starting from the origin.
If price elasticity of supply is greater than 1, then supply is said be elastic.
Price elasticity of supply is likely to be ______ in the long run.
When there is no change in price, but quality supplied changes, it implies a situation of ______.
Cotton and cotton seeds are examples of ______ supply.
Give the meaning of perfectly inelastic supply.
Indicate the degree of elasticity on the supply curve given below:
Why does the measure of pnce elasticity of supply of a good carry plus sign?
What do you mean by perfectly inelastic supply?
Draw a straight line supply curve of the following situation.
More than unitary elastic
