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प्रश्न
Give one reason for an “increase” in supply of a commodity.
उत्तर
'A rise in the price of inputs' can be one of the reasons for an increase in the supply of a commodity.
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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 commodity falls from Rs 12 per unit to Rs 9 per unit, the producer supplies 75 percent less output. Calculate price elasticity of supply.
When price of a good falls from Rs 20 to Rs 10 per unit, producer reduces supply from 100 units to 50 units. Calculate price elasticity of supply.
Explain the effect of technological progress on supply of a good.
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.
State whether the following statements are True or False:
Better transport facility increases supply at the same price.
Define or explain the following concepts (Any THREE):
Stock
Fill in the blank with appropriate alternatives given in the bracket:
________ is one of the determinants of aggregate supply.
Fill in the blank with appropriate alternative given below
An increase in supply means selling a ____________ amount at the same price.
Match the following:
| Group A | Group B |
| 1) Perfectly Elastic Supply | a. Vertical supply curve |
| 2) Stock | b. Horizontal supply curve |
| 3) Increase in supply | c. Potential supply |
| 4) Perfectly Inelastic supply | d. Rightward shift in supply curve |
| 5) `"TC"/"TQ"` | e. Leftward shift in |
| f. Average cost |
Define or explain the following concept:
Stock
Define or explain the following concept:
Output
Do you agree or disagree with the following statement? Give reason.
Price is the only determinant of supply.
Answer the following about 200 to 250 words
Explain various methods to measure Price Elasticity of Supply.
Give reason or explain the following.
Law of supply is not applicable to rare articles.
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.
State and explain the law of supply.
