NCERT MCQs (MCQ Buddy)
Search here...
Home Add Question Search Chapter Login
  1. Home
  2. NCERT
  3. Question

R

Rajeev Malhotra • 3.97K Points
Extraordinary

Q. If the price of goods rises by 60% but supply increases by only 5%, the supply of goods will be

  • (A) Highly Elastic
  • (B) Elastic
  • (C) Inelastic
  • (D) Perfectly Inelastic
Correct Answer - Option (C)
Share

Discusssion

Login to discuss.

Related MCQs

  • Q. Which of the following is not fixed cost ?
  • Q. Which of the following is correct ?
  • Q. Who basically propounded the concept of Law of Equimarginal Utility ?
  • Q. The quantity of a goods which the seller is ready to sell in the market at fixed price and time is c
  • Q. Which economy has a co-existence of private and public sectors ?
  • Q. For normal goods, Law of Demand states the relationship between price and quantity of goods:
  • Q. Market which has two firms is known as
  • Q. The concept of supply curve is relevant only for?
  • Q. For Giffin goods, price elasticity of demand is
  • Q. A monopolist is a price
Share

Embed

WhatsApp

Facebook

Telegram

Download

Share in MCQ Buddy Groups

Share
Embed
Important Links
  • Browse All Categories
  • Subjects
  • Exams
  • Mock Test
  • Advance Search
  • Quiz
  • Duo Test
  • English Topics
Explore More Portals
  • UC Quiz
  • Hindi
  • State wise Portals
  • MCQ Buddy Lab
  • Engineering
  • Programming Portal
  • MB Shorts
  • NCERT Portal
  • Faculties Portal
  • Groups
  • Q & A
  • Spaces
  • Satya Sanatan
  • Keycrypt
Who we are?

We are nothing if we are alone. But we have a huge community of students who are helping you getting good study stuff free.

More Links
  • Download App
  • Advertise with us
  • Contact us
  • Youtube
  • Terms & Conditions
  • Refund Policy
  • Privacy Policy
  • Get the source code

Since 2020 - 2025 | Proudly Made with ♥ in India

Hosted on Hostinger