--%>

Factors establishing elasticity of supply

Factors establishing elasticity of supply:

The factors below will persuade the elasticity of supply:

1. Modifications in cost of production.

2. Behavior pattern of producers.

3. Accessibility of facilities for increasing yield.

4. Supply in short and long duration.

   Related Questions in Microeconomics

  • Q : Arc elasticity of demand between two

    The arc elasticity of demand Ajax for labor in between point a and point b is about: (i) 0.25. (ii) 0.50. (iii) 0.75. (iv) one. (v) two.

    Q : Problem of How to Produce Describe the

    Describe the problem of How to Produce? Answer: This refers to the choice of techniques of production of services and goods and whether labor intensive or capital i

  • Q : Formula for the marginal utility I have

    I have a problem in economics on Formula for the marginal utility. Please help me in the following question. The formula for marginal utility of good X is as: (1) MU = change in U/ change in X. (2) MU = U/X. (3) MU = U1 U2. (4) MU = change in X/change in U.

  • Q : Psychological Pricing Define the term

    Define the term Psychological Pricing and what are their aspects?

  • Q : Define Marginal rate of Substitution or

    Marginal rate of Substitution (MRS): It is the rate at which a consumer is prepared to give up one good to get the other good.

  • Q : Statement of Featherbedding I have a

    I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. The featherbedding is: (1) Practiced through only migratory ducks and geese. (2) Practiced through female song birds on each spring. (3) Increasingly substitu

  • Q : What is Average Fixed Cost or AFC What

    What is Average Fixed Cost. Also provide its formula?

  • Q : Resources and Products Flow Model I

    I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. The eventual owners of all resources and products in the society are as follows: (i) households. (ii) Firms. (iii) The tax-paying public. (iv

  • Q : Law of demand is the price in the "law

    is the price in the "law of demand" a relative price or an absolute price

  • Q : Minimum possible economic losses Hello

    Hello guys I want your advice. Please recommend some views for below illustrated figure of Economics problem that for this profit-maximizing pure competitor, area Pbgh signifies: (1) fixed cost (TFC). (2) average fixed cost (AFC). (3)