Q.Choose the correct alternative and justify: A straight-line supply curve that passes through the origin shows —
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Start your 14-day free trial to unlock the full solution →Option (a), Perfectly elastic — incorrect. Perfectly elastic supply () is shown by a HORIZONTAL supply curve, not one passing through the origin.
Option (b), Perfectly inelastic — incorrect. Perfectly inelastic supply () is shown by a VERTICAL supply curve (fixed quantity regardless of price), which does not pass through the origin at a positive slope either.
Option (c), Unitary elastic — CORRECT. For a straight-line supply function of the form (through the origin, no constant term), price elasticity works out to at EVERY point on the line, whatever the value of the slope . This is a standard, testable geometric fact in the MSBSHSE Std XII Economics point-method of measuring elasticity of supply. …
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