Advertisements
Advertisements
प्रश्न
When a straight-line supply curve passes through the origin, the elasticity of supply will be ______.
विकल्प
Unitary elastic
Relatively elastic
Relatively inelastic
Perfectly elastic
उत्तर
When a straight-line supply curve passes through the origin, the elasticity of supply will be unitary elastic.
Explanation:
When a straight-line supply curve passes through the origin, the elasticity of supply is unitary elastic. This means that the percentage change in quantity supplied is exactly equal to the percentage change in price across the entire length of the supply curve. In this case, the elasticity of supply (Es) is equal to 1.
APPEARS IN
संबंधित प्रश्न
Draw a supply curve.
What effect does increased input price have on the supply of a commodity? Draw a diagram in support of your answer.
In case of ______, supply curve is a vertical straight line parallel to the Y-axis.
Identify the elasticities of the supply curves given below.
What will the following cause
| Price in Rs. | Quantity supplied in Kgs. |
| 10 | 15 |
| 20 | 40 |
Draw supply curve of the following situation:
Elasticity of supply = 0
If the number of firms producing a particular commodity increases, the market supply of that commodity will be ______.
How does an improvement in production technology influence the supply curve of a firm?
The following diagram shows the supply curve of three commodities. Rank their price elasticity.
Define supply curve.
