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
Draw a diagram showing a perfectly elastic demand curve.
With the help of a graph explain the relatively inelastic demand for a commodity.
Mention one example of inelastic demand. Give a reason in support of your answer.
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
Indicate the degree of elasticity demand of the following demand curves.

How do we determine whether the demand for a particular commodity is elastic or inelastic?
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
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 refrigerators
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 diesel and petrol
