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प्रश्न
The supply of perishable goods like milk, vegetables, fish is ______.
पर्याय
Inelastic
Elastic
Perfectly elastic
None of these
उत्तर
The supply of perishable goods like milk, vegetables, fish is elastic.
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संबंधित प्रश्न
There are no exceptions to the law of supply.
Distinguish between Expansion of Supply and Increase in Supply.
Distinguish between Contraction of Supply and Decrease in Supply
Exceptions to the law of supply:
- Constant cost of production
- Constant technique of production
- Does not apply to agricultural goods
- No change in weather conditions
Downward movement along the same supply curve should ______.
State with reason whether you agree or disagree with the following statement:
There are many exceptions to the law of supply.
Identify and explain the concept from the given illustration:
Mahesh supplied (sold) more fruits at a comparatively low price due to the perishable nature of fruits.
- Assertion (A): Perishable goods are the exception to the Law of Supply.
- Reasoning (R): Perishable goods are sold in greater quantities only at higher prices.
Discuss any two exceptions to the law of supply.
State one exception to the law of supply.
