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प्रश्न
Draw the supply curve showing price elasticity of supply equal to one.
Draw a straight line supply curve for the following situation.
Unitary elastic
उत्तर
Unitary elastic: A straight line supply curve that originates from the origin point, has price elasticity of supply equal to one at all the points. Curves S1 or S2 have a unitary elasticity.
संबंधित प्रश्न
Explain briefly the impact of the cost of production on the elasticity of supply.
Draw a well-labelled diagram showing the price elasticity of supply of a commodity starting from the origin.
Draw a perfectly elastic supply curve.
Define a relatively elastic supply.
Identify the elasticity of supply (es) of S1, S2 and S3 supply curves:
What is the formula for percentage method of calculating price elasticity of supply?
Identify the elasticity of supply for the following with proper reasoning:
Nature of the entrepreneurs.
Which of the following measures of price elasticity shows elasticity shows elastic supply?
When an entrepreneur introduces a new technique or a new product, it is called ______.
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 ______.
Draw a straight line supply showing elasticity greater than one.
The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?
The price of a commodity rises from ₹ 20 to ₹ 40 Consequently, its supply increases from 100 units to 400 units. Calculate price elasticity of supply.
If the price of a commodity increases by 50% and its supply increases by 25% then calculate the price elasticity of supply following the percentage method. Identify the degree of price elasticity.
Explain any four determinants of elasticity of supply.
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.
If the price of a commodity falls by 10% and consequently, the quantity supplied decreases by 20%, what will be its elasticity of supply?
Draw relatively elastic supply.
