Period in which supply cannot be increased is called ___________.

market period

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

short run

No worries! We‘ve got your back. Try BYJU‘S free classes today!

long run

No worries! We‘ve got your back. Try BYJU‘S free classes today!

none of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A market period
Market period is a very short period where the supply of a commodity is fixed. In this period supply is not responsive to demand of commodity. Therefore, period in which supply cannot be changed is called market period.

Suggest Corrections

Similar questions

Can a bioreactor be called a fermentation tank since it uses oxygen supply system?

How does an increase in the number of firms in a market affect the market supply curve?

The maximum number of 40W tube lights connected in parallel which can safely run from a 240V supply with a 5A fuse is

(a) 5 (b) 15 (c) 20 (d) 30

Join BYJU'S Learning Program