Theory of Supply

The supply of  goods refers to ————-

Increase or Decrease in supply means ————-

If supply curve is perfectly inelastic, the supply curve is ————

When supply price increase in the short run, the profit of the producer ————–

A change in the supply of a commodity along with same supply curve may occur due to ————–

What is the elasticity of supply, when price changes from Rs.15 to Rs.12 and supply change from 6 units to 5 units ?

A perfectly inelastic supply curve will be ————–

If the supply of a commodity is perfectly elastic, an increase in demand will result in ————-

When change in the quantity supplied is proportionate to the change in the price the producer is said to have ————-

Expansion in supply refers to a situation when the producers are willing to supply a ———

When supply is perfectly inelastic, elasticity of supply is equal to ———–

If there is an improvement in the technology ———–

If the price of apples rises from Rs.30 per Kg to Rs.40 per Kg and the supply increases from 240 kg to 300 kg. Elasticity of supply is ————

A horizontal supply curve parallel to the quantity axis implies that the elasticity of supply is ————

Supply refers to quantity supplied at a particular price for a particular period of time :

Increase or decrease in supply means ————

When supply curve shifts to the right there is ————

Elasticity of supply is defined as responsiveness of quantity supplied of goods to change in ———–

The supply of the commodity implies ————-

Supply of a commodity is a —————-

The price of mangoes increases from Rs.30 per kilogram to Rs.40 per kilogram and the supply increases from 240 kilograms to 300 kilograms . What will be the elasticity of supply for mangoes?

If a 20% fall in price brings about a 10% fall in quantity supplied, in such a case elasticity of supply will be equal to ——————

At a price of Rs.25 per kg. the supply of a commodity is 10,000 kg per week . An increase in its price to Rs.30 per kg, increase the supply of the commodity to 12,000 kg per wee.

The elasticity of supply will be ————–

Short run price is also called by the name of —————–

If a 20% fall in the price brings about a 10% fall in the quantity supplied, then the elasticity of supply will be equal to ————–

Elasticity of supply is greater than one when ———–

Supply refers to which of the following ?

After reaching saturation point consumption of additional units of commodity causes ———–

Elasticity of supply is greater than one when ————

As the price of a commodity increases, normally , its supply ————-