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प्रश्न
What is supply?
Define supply.
उत्तर १
Supply means the various quantities of goods sold at different possible price levels in the market
उत्तर २
Supply is the quantity of a good which a firm offers for sale at a given price during a given period of time.
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संबंधित प्रश्न
Relatively elastic supply
When the price of a good rises from Rs 20 per unit to Rs 30 per unit, the revenue of the firm producing this good rises from Rs 100 to Rs 300. Calculate the price elasticity of supply.
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
Price elasticity of supply of a good is 2. A producer supplies 100 units of a good at a price of Rs 20 per unit. At what price will he supply 80 units?
Explain the effect of technological progress on supply of a good.
Give one reason for an “increase” in supply of a commodity.
State the components of supply of money.
Fill in the blank using proper alternative given in the bracket:
Other factors remaining constant, when price of a commodity raises there is ................. of supply.
Fill in the blank with appropriate alternatives given in the bracket:
________ is one of the determinants of aggregate supply.
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:
Stock
Define or explain the following concept:
Output
Define or explain the following concept:
Elasticity of Supply
Give reason or explain:
Stock can exceed supply.
Distinguish between the following:
Relatively Elastic Supply and Relatively Inelastic Supply
Do you agree or disagree with the following statement? Give reason.
There is no difference between stock and supply.
Answer the following about 200 to 250 words
What are the assumptions law of supply?
Answer the following about 200 to 250 words
Explain various types of Price elasticity of Supply.
Identify & explain the concept from the given illustration.
Ajay’s papad and pickle producing unit incurred expenditure of ₹ 50,000/- on machinery, ₹ 1,00,000/- towards rent and ₹ 2,00,000/- on wages for the workers during 2018-19.
Study the following table, figure, passage and answer the question given below it.
| Price in Rs. | Quantity supplied |
| 10 | 300 |
| 20 | ______ |
| 30 | 400 |
| 40 | 450 |
| 50 | ______ |
| 60 | 550 |
| 70 | 600 |
- Complete the above table (1m)
- State the relationship between Price and quantity supplied (1m)
- Draw supply curve based on above supply schedule (2m)
