Supply curve passing through any point on Y axis(Price) will have elasticity

Related MCQs

• A supply curve passing through any point on X axis(quantity) will have elasticity
• A supply curve passing through the origin will have elasticity
• If a dealer is prepared to supply 1000 sets of a 29” Color TV if the price is `12,000 per set, however if the price raises to `15,000 he is prepared to supply 1,500 pieces. The elasticity of supply of TV set is
• In question No. 201 if at `15,000, the dealer is prepared to supply on 1250 sets of TV the elasticity of supply is
• In question No. 201 if at `15,000, the dealer is prepared to supply on 1100 TV sets, the elasticity of supply is
• A supply curve parallel to X axis means the product supply is
• An individual is spending his entire income on two items A and B equally. If income elasticity of A is 4 what is income elasticity of B
• If an individual is spending his entire income on two items A and B in the ratio of 60:40. If income elasticity of A is 5 what is income elasticity of B
• Which of the following will have a relatively flat supply curve
• Which of these will have highly inelastic supply curve