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प्रश्न
The following diagram shows the supply curve of three commodities. Rank their price elasticity.
उत्तर
As all of the lines pass through the origin, the price elasticity of supply is equal to 1, regardless of how steep or flat the curves are.
∵ Es = 1
As a result, it exhibits unitary price elasticity of supply.
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संबंधित प्रश्न
Draw a supply curve.
What will the following cause
| Price in Rs. | Quantity supplied in Kgs. |
| 10 | 15 |
| 20 | 40 |
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Elasticity of supply = 0
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Define supply curve.
How does technological progress affect the supply curve of a firm?
How does a increase in the number of firms in a market affect the market supply curve?
Explain the following diagram.
