--%>

Relatively price inelastic for prices and quantities

Suppose that all these illustrated curves are infinitely long straight lines. Then supply curve which is relatively (although not perfectly) price inelastic for all prices and quantities is: (1) supply curve S1. (2) supply curve S2. (3) supply curve S3. (4) supply curve S4. (5) supply curve S5.

131_Price Elasticity of Supply1.png

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Contrast of the law of reducing

    Which of the given seems a contrast of the law of reducing marginal utility? (i) Howard quit utilizing grocery coupons if he won the lottery. (ii) Joan finds that her try in preparing for a date surpasses the enjoyment gained. (iii) Ken enjoys his thi

  • Q : Pure competition and monopolistic

    Pure competition and monopolistic competition are: (1) polar opposites on the continuum of market structures. (2) the two market structures in that firms are pure quantity adjusters. (3) both characterized by an absence of barriers to long run entry a

  • Q : Circular flow model of a private economy

    The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Busine

  • Q : Economic profits in the long run In

    In this illustrated figure in below the firm probably to have economic profits in the long run would be as: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D.

    Q : Corollary of the law of equal marginal

    The corollary of the law of equal marginal benefit is the principle of: (1) Equal marginal utilities per dollar. (2) Diminishing marginal utility. (3) Income injection. (4) Substitution in demand. (5) Diminishing returns. Can someo

  • Q : Market supply and demand information

    Elucidate what kind of market supply and demand information would be use full to you in deciding on a business policy?

  • Q : Income sufficient to physical survival

    The view about all people is entitled to income sufficient to comfortably sustain their physical survival is termed as the: (1) survival standard. (2) contribution standard. (3) needs standard. (4) standard deduction. (5) equality standard.

  • Q : Market power and inefficiency The

    The widespread and unregulated exercise of monopoly power is probable to result within: (1) economic inefficiency because price exceeds marginal cost. (2) the value of national income being higher than under competition. (3) a politically more accepta

  • Q : Consumer goods-Durable and nondurable I

    I have a problem in economics on Consumer goods-Durable and nondurable. Please help me in the following question. Consumer goods comprise durable and nondurable goods, and: (i) Capital equipment. (ii) House-hold goods. (iii) Services. (iv) Electronic goods.

  • Q : Determine total revenue with formula

    Please help me to solve the problem of total revenue that is given below: Total revenue can be computed by the formula as: (w) P + Q. (x) P * Q. (y) ep * P. (z) ep * Q. Hello gu