Advertisements
Advertisements
प्रश्न
Identify elastic demand when value of Ed is ______.
विकल्प
(−) 0.2
(−) 0.8
(−) 1.5
1.0
Advertisements
उत्तर
Identify elastic demand when value of Ed is (−) 1.5.
APPEARS IN
संबंधित प्रश्न
With the help of a graph explain the relatively inelastic demand for a commodity.

Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
Under what conditions does the supply of good exhibit unitary elasticity?
Which is the implication of a horizontal demand curve?
Which of the following goods have inelastic demand?
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Bicycles
Select the commodities from the following which have inelastic demand:
When is the demand for a commodity said to be perfectly inelastic?
Define perfectly elastic demand.
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 electricity
