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प्रश्न
Give one reason for an “increase” in supply of a commodity.
उत्तर
'A rise in the price of inputs' can be one of the reasons for an increase in the supply of a commodity.
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संबंधित प्रश्न
A producer supplies 80 units of a good at a price of Rs 10 per unit. Price elasticity of supply is 4. How much will he supply at Rs 9 per unit?
When price of a good rises from Rs 8 per unit to Rs 10 per unit, producer supplies 40 units more. Price elasticity of supply is 2. What is the quantity supplied before the price change? Calculate
When price of a good falls from Rs 20 to Rs 10 per unit, producer reduces supply from 100 units to 50 units. Calculate price elasticity of supply.
A producer supplies 100 units of a good at a price of Rs 20 per unit. Price elasticity of supply is 2. At what price will he supply 50 units? Calculate
Explain the effect of technological progress on supply of a good.
What is supply?
Supply is directly related to price.
Give reason or explain the following statement:
A monopolist can control the supply of goods .
Give reason or explain the following.
Supply is directly related to 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.
State whether the following statement is TRUE and FALSE.
If price falls, the supply curve will shift to left.
State whether the following statement is TRUE and FALSE.
Total Cost is the total expenditure incurred by a firm.
Define or explain the following concept:
Total Cost
Give reason or explain:
With a slight change in the price, if supply varies in a greater proportion then supply is said to be relatively elastic.
Give reason or explain:
Stock can exceed supply.
Distinguish between the following:
Relatively Elastic Supply and Relatively Inelastic Supply
Observe the following table and answer the questions:
Supply schedule of chocolates
| Price in ₹ | Quantity supplied in units |
| 10 | 200 |
| 15 | ______ |
| 20 | 300 |
| 25 | 350 |
| 30 | ______ |
| 35 | ______ |
| 40 | ______ |
- Complete the above supply schedule.
- Draw a diagram for the above supply schedule.
- State the relationship between price and quantity supplied.
Identify & explain the concept from the given illustration.
Amar sells 50 dozens of mangoes daily at ₹ 300/- per dozen.
