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The supply curve of commodity 'A' is a s...

The supply curve of commodity 'A' is a straight line parallel to Y-axis. If its supply is 20 units at tho price of 10 per unit, then what will be its supply when price rises by 2 per unit?

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The correct Answer is:
Supply of commodity 'A' will remin fixed at 20 units as its supply is perfectly inelastic
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SANDEEP GARG-SUPPLY -UNSOLVED PARCTICALS
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  3. The supply curve of commodity 'A' is a straight line parallel to Y-axi...

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  11. A frim received ₹2000 when price of the commodity was ₹40 per un...

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  12. The receipts of a firm are ₹6,000 when the price of a good is ₹1...

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  13. Total revenue is ₹400 when the price of the commodity is ₹2 per uni...

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  14. The total recipets of a frim gets doubled due to a 20% rise in pri...

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  15. The price of a commodity is 10 per unit and total revenue from it is 1...

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  16. When the price of a commodity rises by 10 percent, its supply rises by...

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  17. When the price of a commodity falls from 10 per unit to 9 per unit, to...

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  18. A firm sells 1,000 units of a product at price of ₹10 per unit. Its pr...

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  19. When the price of a commodity rises from ₹10 to ₹11 per unit, its quan...

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