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प्रश्न
A list of goods is given below. state whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
Demand for personal computers
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उत्तर
It is a essential item for consumption of a common man. So its demand will be relatively inelastic
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संबंधित प्रश्न
Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
With the help of a diagram define perfectly elastic demand.
Draw a diagram showing elasticity of demand less than one.
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Study the statement given below and state whether demand will be elastic or inelastic, citing reasons for your answer.
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Study the table given below and state whether demand is elastic or inelastic. Give reasons for your answer.
| Price in ₹ | Total outlay ₹ |
| 5 | 25 |
| 3 | 18 |
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