Advertisements
Advertisements
प्रश्न
Mention the degree of price elasticity of demand for the following goods:
School uniform
Advertisements
उत्तर
Relatively inelastic demand
APPEARS IN
संबंधित प्रश्न
With the help of a graph explain the relatively inelastic demand for a commodity.
Which of the following goods have inelastic demand?
Identify elastic demand when value of Ed is ______.
When despite of no change in the price of the good, its quantity demanded increases from 10 units to 15 units, then coefficient of price elasticity will be ______.
Mention the degree of price elasticity of demand for the following goods:
Cosmetics
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?
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to X-axis.
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
