ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      Elasticity of supply refers to the degree of

      responsiveness of supply of a commodity to changes in its:
      A Demand Correct Answer Incorrect Answer
      B Price Correct Answer Incorrect Answer
      C Supply Correct Answer Incorrect Answer
      D Cost of production Correct Answer Incorrect Answer

      Solution

      Elasticity of supply measures the degree of responsiveness of quantity supplied to a change in own price of the commodity

      Practice Next
      More Agri economics Questions

      Relevant for Exams:

      ask-question