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प्रश्न
Price elasticity of supply is likely to be ______ in the long run.
पर्याय
perfectly inelastic
perfectly elastic
elastic
inelastic
उत्तर
Price elasticity of supply is likely to be elastic in the long run.
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संबंधित प्रश्न
Draw a well-labelled diagram showing the price elasticity of supply of a commodity starting from the origin.
Elasticity of supply is measured by:
Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column:
| Column I | Column II |
| A. Perfectly Inelastic | (i) Es > 1 |
| B. Perfectly Elastic | (ii) Es < 1 |
| C. Inelastic | (iii) Es = 0 |
| D. Highly Elastic | (iv) Es = infinity |
Choose the correct alternative:
The coefficient of elasticity of a commodity is 0.4. What percentage change in supply will take place if its price rises 20%?
How is elasticity of supply measured according to percentage method?
Draw the supply curve showing price elasticity of supply greater than one.
Draw the supply curve showing price elasticity of supply less than one.
Indicate the degree of elasticity on the supply curve given below:
Using graphs, explain any four types of elasticity of supply.
Define a relatively inelastic supply.
