Economics · Elasticity of Supply
If the proportionate change in supply is greater than the proportionate change in price, the supply is said to be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1unitary elastic supply
- 2relatively elastic supply✓
- 3relatively inelastic supply
- 4perfectly elastic supply
Correct answer
relatively elastic supply
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Elasticity of Supply MCQs →Want more practice questions on Elasticity of Supply?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Elasticity of Supply