Which of the following are types of measurement of supply-elasticity? I. Point elasticity II. Inelasticity III. Arc elasticity IV. Perfect elasticity
CA Foundation · Business Economics · PYQS · January 2026
Which of the following are types of measurement of supply-elasticity? I. Point elasticity II. Inelasticity III. Arc elasticity IV. Perfect elasticity
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. Both I and III
Topics: Theory of Demand and Supply
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