The followingdiagramshowsthe suppluycurveofthreecommodities : A , B and C . Ranktheir price elasticityof supply

The followingdiagramshowsthe suppluycurveofthreecommodities : A , B an

1.	The followingdiagramshowsthe suppluycurveofthreecommodities : A , B and C . Ranktheir price elasticityof supply
Answer» <html><body><p></p>Solution : Commodity A: Highly <a href="https://interviewquestions.tuteehub.com/tag/elastic-967540" style="font-weight:bold;" target="_blank" title="Click to know more about ELASTIC">ELASTIC</a> Supply `(E_(s) <a href="https://interviewquestions.tuteehub.com/tag/gt-1013864" style="font-weight:bold;" target="_blank" title="Click to know more about GT">GT</a> <a href="https://interviewquestions.tuteehub.com/tag/1-256655" style="font-weight:bold;" target="_blank" title="Click to know more about 1">1</a>)`, Commodity B: Unitary Elastic Supply `(E_(s) =1)`, Commodity C: Less Elastic Supply `(E_(s) lt 1)`.</body></html>