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प्रश्न
Elasticity of supply is measured by:
पर्याय
`(ΔQ)/PxxQ/(ΔP)`
`(ΔP)/PxxQ/(ΔQ)`
`(ΔP)/(ΔQ)xxQ/(P)`
`(ΔQ)/QxxP/(ΔP)`
उत्तर
`(ΔQ)/QxxP/(ΔP)`
APPEARS IN
संबंधित प्रश्न
Explain briefly the impact of the cost of production on the elasticity of supply.
Draw a perfectly inelastic supply curve.
Identify the value of elasticity of supply for the supply curve OS and S1S2.
Identify the elasticity of supply for the following with proper reasoning:
Perishable and durable goods.
What is the degree of elasticity of supply in the diagram?
A 10 per cent increase in price of a good causes 5 per cent increase in its quantity supplied, elasticity of supply will be ______.
Define elasticity of supply.
When is the supply of a commodity is called elastic?
Price of a product increases by 2%. As a result, its supply rises by 4%. What is elasticity of supply of the commodity?
With the help of a formula calculate the elasticity of supply from the following table:
Price | Quantity supplied |
10 | 200 |
15 | 225 |
Draw and briefly explain a perfectly inelastic supply curve.
Define price elasticity of supply.
Draw the supply curve showing price elasticity of supply greater than one.
Using graphs, explain any four types of elasticity of supply.
Why does the measure of pnce elasticity of supply of a good carry plus sign?
When is supply of a good unitary elastic?
Why is the supply of eggs inelastic?
Draw relatively elastic supply.