If the anything else becoming exact same, what does the positive relationship anywhere between speed and supply numbers denote ?

Matter forty eight. About what expectation, the law away from likewise have would depend ? (a) There has to be no change in income quantities of buyers and providers in the business. (b) Rates regarding issues from design will still be stable (c) Technological level stays lingering (d) Every above

Question 50. How come regarding reduced amount of likewise have are: (a) Increase in Design Costs (b) Boost in Price of Alternatives (c) Fall-in quantity of Businesses in the business (d) All the over

Concern 52. The total amount of a goods which the merchant is preparing to promote in the market at fixed rates and you can day is called ? (a) Supply (b) Request (c) Flexibility out-of also have (d) Flexibility away from Consult

Matter 54. Determinating foundation off way to obtain goods try: (a) Price of Goods (b) Cost of Relevant Products (c) Price of Foundation away from Development (d) All above

Matter 55. And that of your adopting the declaration is valid ? (a) Rate and you can numbers has head dating (b) Also provide contour goes up out-of remaining to help you best (c) Likewise have are impacted by many facts (d) All of the a lot more than

Concern 56 how to use benaughty. Which of the adopting the setting shows the brand new laws and regulations away from also provide ? (a) S = f(P) (b) S = f(a/p) (c) S = f(Q) (d) Nothing of your over

Question 58. Which of the following is correct ? (a) Perfectly Elastic Supply e_s = ? (b) High Elastic Supply e_s > 1 (c) Perfectly Inelastic Supply e_s = 0 (d) All the above

Question 59. e_s = 0 means that elasticity of supply is: (a) Perfectly Elastic Supply (b) Perfectly Inelastic Supply (c) Less Elastic Supply (d) Unit Elastic Supply

Concern sixty. In the event the price of items increases by the sixty% however, also provide grows by only 5%, the production of goods would-be: (a) Highly Elastic (b) Flexible (c) Inelastic (d) Well Inelastic

Question 62. Whenever supply increases a whole lot more with a result of short rise in rates, the sort of have might possibly be : (a) Elastic (b) Inelastic (c) Perfectly Elastic (d) Perfectly Inelastic

Concern 63. If the proportionate change in the production of goods is far more compared to the proportionate change in the price, the brand new elasticity away from also have might be: (a) Less than Device (b) Comparable to Unit (c) Greater than Device (d) Infinite

Question 64. If the cost of items goes up from the sixty% and gives develops by the only 5%, the supply of products is : (a) Extremely Elastic (b) Elastic (c) Inelastic (d) Perfectly Inelastic

Question 65. The measurement of the elasticity of supply is expressed as: (a) \(\frac < ?Q_s/Q_s>< ?P/P>\) (b) \(\frac < Q_s>< ?P>\).\(\frac < 1>< P>\) (c) \(\frac < Q_s>< Q_s>\).?Y (d) \(\frac < ?P>< Q_s>\).\(\frac < P>< ?Q_s>\)

Question 67. Repaired pricing is also also known as: (a) Adjustable pricing (b) Actual rates (c) Supplementary prices (d) Short-label costs

Also have are from the: (a) A time period (b) Speed (c) Each other (a) and you can (b) (d) None of over

Question 68. Also have drops on a single rate when: (a) Where there was reduced total of likewise have (b) If there’s contraction from inside the have (c) When have grows (d) If you have expansion inside the have.

Concern 70. From the short-manage adopting the factors are part of the whole process of production: (a) Repaired points (b) Varying points (c) Both (a) and you may (b) (d) Nothing of those.

Concern 23. What is actually a chance costs ? (a) The alternative foregon (b) The opportunity shed (c) Import income (d) All of these

The latest elasticity regarding a straight-line also have contour coming from new heart out of supply try: (a) Less than unity, (b) more than unity (c) comparable to unity (d) equivalent to zero

Question 47. For a firm’s equilibrium: (a) MR = MC (b) MR > MC (c) MR < MC (d) MR = MC = 0