Question

(iii) Elastie supply:
(iv) Unitary elastic supply.
34. Draw a straight line supply curve for each of the following
(i) Unitary elastic,
(ii) Less than unitary elastic,
(iii) More than unitary elastic.
35. Draw a supply curve for each of the following situation
Elasticity of supply = 0, wh
(ii) Elasticity of supply oo,
(iii) Elasticity of supply < 1.
36. Give any four determinants of elasticity of supply.
intastic
Short Answer Questions (3 marks each)
1. Explain the supply function.
upply. Discuss how change in t​

Answer 1

Answer:

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