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प्रश्न
Indicate the degree of elasticity demand of the following demand curves.
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उत्तर
- Ed = 0 (Perfectly inelastic demand)
- Ed > 1 (Elasticity of demand greater than 1)
संबंधित प्रश्न
With the help of a graph explain the relatively inelastic demand for a commodity.
Which of the following goods has elastic demand?
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:
Air conditioners
When is the demand of a commodity said to be inelastic?
What is meant by unitary elastic demand?
State whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
demand for school uniform
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
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
Sate whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
Demand for precious stones and costly jewellery
