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InterviewSolution
| 1. |
Whichof thefollowing is nota essentialelement ofsupply ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/highly-2102664" style="font-weight:bold;" target="_blank" title="Click to know more about HIGHLY">HIGHLY</a> elastic <br/>Unitaryelastic <br/><a href="https://interviewquestions.tuteehub.com/tag/perfectly-7309466" style="font-weight:bold;" target="_blank" title="Click to know more about PERFECTLY">PERFECTLY</a> inelastic <br/>Less elastic </p>Solution : correct answer is (B). because it is just an imaginary situation when the change in quantity supplied is exactly <a href="https://interviewquestions.tuteehub.com/tag/equal-446400" style="font-weight:bold;" target="_blank" title="Click to know more about EQUAL">EQUAL</a> to change in the <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> (unitary elastic).</body></html> | |