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प्रश्न
Price elasticity of supply is likely to be ______ in the long run.
विकल्प
perfectly inelastic
perfectly elastic
elastic
inelastic
उत्तर
Price elasticity of supply is likely to be elastic in the long run.
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संबंधित प्रश्न
Explain briefly the impact of the cost of production on the elasticity of supply.
Define a relatively elastic supply.
Identify the elasticity of supply for the following with proper reasoning:
Perishable and durable goods.
Identify the elasticity of supply for the following with proper reasoning:
Nature of the entrepreneurs.
A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.
When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.
Which of the following measures of price elasticity shows elasticity shows elastic supply?
Which of the following statements are true?
The cost of production will increase if
- The government gives subsidies
- The firm uses obsolete technology
- The price of diesel increases
Elasticity of supply is measured by:
Draw the supply curve showing price elasticity of supply greater than one.