Producer Behavi...

Supply curve shifts forward due to:

Subsidy is offered to the producers:

When a straight line positively sloped supply curve starts from the point of origin:

If E_s = 1, what will be percentage change in supply as a result of 12 per cent change in price of a commodity?

When supply curve is parallel to X-axis, elasticity of supply will be:

In case of E_s = 1:

When supply curve starts from Y-axis, elasticity of supply is:

When supply curve is a vertical straight line parallel to Y-axis, elasticity of supply will be equal to:

Over a longer period of time, elasticity of supply will be:

Elasticity of supply of perishable vegetables brought to the market by the small farmers is:

In case of infinite elasticity of supply, supply curve will be:

When slope of supply curve = ∞, the elasticity of supply is:

When E_s = 1.6, supply is:

When the price of a commodity rises from ₹ 4 to ₹ 5 per unit, its quantity supplied rises from 100 units to 120 units, its price elasticity of supply is: