हिंदी

From the following data regarding individual demand schedules of households A, B and market demand schedule, what will be the values of (i) and (ii)

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प्रश्न

From the following data regarding individual demand schedules of households A, B and market demand schedule, what will be the values of (i) and (ii) (Assuming that there are only 2 households in the market).

Price (in ₹) Individual Demand (units) Market demand (units)
A B C
7 (i) 16 15 51
8 18 15 (ii) 46
9 16 12 11 39
10 13 10 9 32

विकल्प

  • 18, 13

  • 13, 20

  • 20, 13

  • 13, 18

MCQ
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उत्तर

20, 13

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अध्याय 1: Elementary Theory of Demand - QUESTIONS [पृष्ठ १९]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 1 Elementary Theory of Demand
QUESTIONS | Q 18. | पृष्ठ १९

संबंधित प्रश्न

Explain the role of the following in correcting ‘deficient demand’ in an economy:

(i) Open market operations.

(ii) Bank rate. 


Explain the role of the following in correcting ‘excess demand’ in an economy:

(i) Bank rate.

(ii) Open market operations. 


The relationship between income and demand for inferior goods is ______.


Give economic terms:

Graphical representation of demand schedule.


Identify and explain the concept from the given illustration:

Deepak decided to count how many times he had to travel by train in a period of one month.


Study the following table and answer the questions:

Price of Chocolate (₹) Quantity Demanded Market Demand
  Consumer A Consumer B Consumer C (A + B + C)
50 4 9 20 33
100 3 `square` 15 26
150 `square` 7 10 19
200 1 6 5 `square`
250 0 5 `square` 5

Questions:

  1. Complete the above table.
  2. State whether the following statements are True or False:
    (a) As the price rises from ₹50 to ₹250, market demand falls from 33 to 5. This fall in market demand is known as the decrease in demand.
    (b) There is an inverse relationship between price and market demand.

Complete the correlation:

______ : Microeconomics : : Aggregate demand : Macroeconomics.


If commodity X and Y are substitutes, increase in price of X will affect demand of Y how?


Demand schedule is a list of prices and quantities.


Shyam, Sita, Renu, Ahmed and John are five consumers of apples. Their demand for apples is given below. Derive the market demand schedule for apples.

Price per Kg. (In ₹) Quantity Demanded (Apples) in Kg.
  Shyam Sita Renu Ahmed John
25.00 16 15 12 14 18
30.00 12 11 10 8 15
35.00 10 9 8 6 12
40.00 8 6 4 2 8

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