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प्रश्न
Draw the supply curve showing price elasticity of supply equal to one.
Draw a straight line supply curve for the following situation.
Unitary elastic
उत्तर
Unitary elastic: A straight line supply curve that originates from the origin point, has price elasticity of supply equal to one at all the points. Curves S1 or S2 have a unitary elasticity.
संबंधित प्रश्न
Explain briefly the impact of the cost of production on the elasticity of supply.
Define a relatively elastic supply.
Explain any three factors affecting elasticity of supply.
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.
Which of the following measures of price elasticity shows elasticity shows elastic supply?
Choose the correct term for the given definition.
The ratio between the percentage change in supply to a percentage change in price.
When an entrepreneur introduces a new technique or a new product, it is called ______.
Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column:
| 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:
Define elasticity of supply.
The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?
With the help of a formula calculate the elasticity of supply from the following table:
| Price | Quantity supplied |
| 10 | 200 |
| 15 | 225 |
Cotton and cotton seeds are examples of ______ supply.
Explain any four determinants of elasticity of supply.
How is elasticity of supply measured according to percentage method?
Indicate the degree of elasticity on the supply curve given below:
Draw and explain the following degree of elasticity of supply.
Ep > 1
Using graphs, explain any four types of elasticity of supply.
Draw relatively inelastic supply.
Draw relatively elastic supply.
