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प्रश्न
Study the statement given below and state whether demand will be elastic or inelastic, citing reasons for your answer.
A consumer postpones the purchase of a refrigerator till the off-season sale.
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उत्तर
Elastic, because consumers does not need refrigerators immediately.
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
Which of the following goods has elastic demand?
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 ______.
From the following goods, demand for which is inelastic?
Mention one example of inelastic demand. Give a reason in support of your answer.
Draw a diagram showing elasticity of demand less than one.
Define perfectly 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 electricity
State whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
Demand for cigar by a chain smoker
