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प्रश्न
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Rice in West Bengal
विकल्प
Elastic
Inelastic
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उत्तर
Inelastic
Explantion:
Demand is inelastic because it is the state's principal food item and therefore a need.
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संबंधित प्रश्न
Which of the following goods has elastic demand?
Demand is inelastic for ______.
Mention one example of inelastic demand. Give a reason in support of your answer.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Matchboxes
Select the commodities from the following which have inelastic demand:
Mention the degree of price elasticity of demand for the following goods:
School uniform
Mention the degree of price elasticity of demand for the following goods:
Air conditioners
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 |
When is the demand of a commodity said to be inelastic?
What is price elasticity of demand for life saving drugs?
