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प्रश्न
When a straight-line supply curve cuts the y-axis, the elasticity of supply will be ______.
पर्याय
Elastic
Inelastic
Unitary elastic
Perfectly inelastic
उत्तर
When a straight-line supply curve cuts the y-axis, the elasticity of supply will be elastic.
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संबंधित प्रश्न
Draw a supply curve.
What effect does increased input price have on the supply of a commodity? Draw a diagram in support of your answer.
Identify the elasticities of the supply curves given below.
What will the following cause
| Price in Rs. | Quantity supplied in Kgs. |
| 10 | 15 |
| 20 | 40 |
When a straight-line supply curve passes through the origin, the elasticity of supply will be ______.
Draw supply curve of the following situation:
Elasticity of supply = ∞
The following diagram shows the supply curve of three commodities. Rank their price elasticity.
Define supply curve.
How does technological progress affect the supply curve of a firm?
Explain the following diagram.
