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प्रश्न
What is supply?
Define supply.
उत्तर १
Supply means the various quantities of goods sold at different possible price levels in the market
उत्तर २
Supply is the quantity of a good which a firm offers for sale at a given price during a given period of time.
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संबंधित प्रश्न
Relatively elastic supply
A producer supplies 80 units of a good at a price of Rs 10 per unit. Price elasticity of supply is 4. How much will he supply at Rs 9 per unit?
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 rises from Rs 8 per unit to Rs 10 per unit, producer supplies 40 units more. Price elasticity of supply is 2. What is the quantity supplied before the price change? Calculate
When price of a good raises from Rs 12 per unit to Rs 15 per unit the producer supplies 50 per cent more output. What is the price elasticity of supply? Calculate.
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.
A producer supplies 100 units of a good at a price of Rs 20 per unit. Price elasticity of supply is 2. At what price will he supply 50 units? Calculate
Supply is directly related to price.
Give reason or explain the following statement:
A monopolist can control the supply of goods .
Explain with reason, whether you agree or disagree with the following statement:
There is direct relationship between price and quantity supplied.
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
The vertical supply curve represents _____________ elasticity.
Fill in the blank with appropriate alternative given below
An increase in supply means selling a ____________ amount at the same price.
State whether the following statement is TRUE and FALSE.
Total Cost is the total expenditure incurred by a firm.
Give reason or explain:
With a slight change in the price, if supply varies in a greater proportion then supply is said to be relatively elastic.
Give reason or explain:
When price rises, supply expands.
Write short note on the following:
Elasticity of supply.
Answer the following about 200 to 250 words
Explain various methods to measure Price Elasticity of Supply.
Observe the following table and answer the questions:
Supply schedule of chocolates
| Price in ₹ | Quantity supplied in units |
| 10 | 200 |
| 15 | ______ |
| 20 | 300 |
| 25 | 350 |
| 30 | ______ |
| 35 | ______ |
| 40 | ______ |
- Complete the above supply schedule.
- Draw a diagram for the above supply schedule.
- State the relationship between price and quantity supplied.
