In question No. 201 if at `15,000, the dealer is prepared to supply on 1100 TV sets, the elasticity of supply is

Related MCQs

• In question No. 201 if at `15,000, the dealer is prepared to supply on 1250 sets of TV the elasticity of supply is
• 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. 53 if the economy produces only 3 guns and 900 tons of wheat instead of 1100 tons of wheat what does it indicates
• In question No. 207. If the price of item No. A instead of increasing falls by 25% and still his total expenditure as well expenditure on item B remains same, the price elasticity of A will be
• 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
• Tea and Coffee are perfect substitute of each other, given the price of Tea and Coffee being `100 and `200 per Kg. a consumer is prepared to buy 3 Kg. of each. If the price of tea remain same and the price of Coffee rises to `400 per kg. the demand for Tea goes to 6 Kg. and that of Coffee falls to 1Kg. The elasticity of substitution between Tea and Coffee is
• In question No. 274 if the price is `4 the supply available in the market will be ……..
• If there are 1000 firms in the market dealing the product under question what would be the aggregate supply if the price is `4 (Ref. Q. No. 274)
• The individual demand and supply curve of a product are Dx = 12-2px, Sx=3+5px, where Px stand for price and Dx and Sc respectively stands for quantity demanded and quantity supplie(d) If there are 5000 consumers and 1000 suppliers for the product under question. What will be the equilibrium price