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प्रश्न
When an entrepreneur introduces a new technique or a new product, it is called ______.
विकल्प
Invention
Innovation
Expansion
Inspiration
उत्तर
When an entrepreneur introduces a new technique or a new product, it is called Innovation.
Explanation:
Innovation refers to introducing a new technique, product, or idea. When an entrepreneur introduces something new, whether a product or a process, it is considered an innovation. This can lead to more efficient production, new market opportunities, or improved products.
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संबंधित प्रश्न
With the help of a suitable diagram, explain the following degree of elasticity of supply.
Es = ∞
What is the formula for percentage method of calculating price elasticity of supply?
When price of a·product rises by 10% its quantity supplied also rises by 10%. Find out price elasticity.
The given diagram is a case of ______ supply.
Pick the option which does not belong to the group.
When the percentage change in the quantity supplied of a commodity is exactly equal to the percentage change in its price it is known as ______.
A linear supply curve starting from the origin making an angle of 75 degree with X-axis will have ______.
Assertion (A): In case of perfectly inelastic supply, supply curve is a vertical straight line supply curve.
Reason (R): Supply does not change with change in price in case of Es = 0.
Define elasticity of supply.
The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?
Cotton and cotton seeds are examples of ______ supply.
Draw and briefly explain a perfectly inelastic supply curve.
Draw and briefly explain a perfectly elastic supply curve.
How is elasticity of supply measured according to percentage method?
Identify and define the degree of price elasticity of supply from the diagram for the supply curves S1, S2, S3, S4.
What is meant by elasticity of supply?
If the price of a commodity falls by 10% and consequently, the quantity supplied decreases by 20%, what will be its elasticity of supply?
Why does the measure of pnce elasticity of supply of a good carry plus sign?
Draw a straight line supply curve of the following situation.
More than unitary elastic
