Solved UPSC CDS/OTA Question
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Q · Law of ElasticityMedium · 45s
Which one is correct for unitary elastic supply?
TopicLaw of Elasticity
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained — no skipped algebra.
Unitary elastic supply means percentage change in quantity supplied equals percentage change in price.
Final Answer: Option C — Es = 1