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प्रश्न
The supply of perishable goods like milk, vegetables, fish is ______.
विकल्प
Inelastic
Elastic
Perfectly elastic
None of these
उत्तर
The supply of perishable goods like milk, vegetables, fish is elastic.
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संबंधित प्रश्न
There are no exceptions to the law of supply.
Distinguish between Expansion of Supply and Increase in Supply.
Distinguish between Contraction of Supply and Decrease in Supply
Exceptions to the law of supply:
- Constant cost of production
- Constant technique of production
- Does not apply to agricultural goods
- No change in weather conditions
Give economic terms:
Rise in the quantity supplied of a commodity due to a rise in its price, other factors remaining constant −
Find the odd word
Exception to law of supply -
Downward movement along the same supply curve should ______.
Identify and explain the concept from the given illustration:
Mahesh supplied (sold) more fruits at a comparatively low price due to the perishable nature of fruits.
Law of supply does not apply to ______.
Discuss any two exceptions to the law of supply.
