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प्रश्न
What will be the values of (i) and (ii)?
| Price (in ₹) | Quantity Demanded by | Total Demand | ||
| A | B | C | ||
| 10 | 30 | (i) | 12 | 52 |
| 20 | 20 | 8 | 9 | 37 |
| 30 | 10 | 6 | (ii) | 22 |
विकल्प
10 and 12
6 and 10
10 and 6
6 and 12
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उत्तर
10 and 6
Explanation:
For (i) when the price is ₹10:
Total Demand = A + B + C
Given that the total demand is 52 units:
52 = 30 + (i) + 12
(i) = 52 − 42 = 10 units
For (ii) when the price is ₹30:
Total Demand = A + B + C
Given that the total demand is 22 units:
22 = 10 + 6 + (ii)
(ii) = 22 − 16 = 6 units
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संबंधित प्रश्न
The relationship between income and demand for inferior goods is ______.
Give economic terms:
Graphical representation of demand schedule.
Identify and explain the concept from the given illustration:
Deepak decided to count how many times he had to travel by train in a period of one month.
Study the following table and answer the questions:
| Price of Chocolate (₹) | Quantity Demanded | Market Demand | ||
| Consumer A | Consumer B | Consumer C | (A + B + C) | |
| 50 | 4 | 9 | 20 | 33 |
| 100 | 3 | `square` | 15 | 26 |
| 150 | `square` | 7 | 10 | 19 |
| 200 | 1 | 6 | 5 | `square` |
| 250 | 0 | 5 | `square` | 5 |
Questions:
- Complete the above table.
- State whether the following statements are True or False:
(a) As the price rises from ₹50 to ₹250, market demand falls from 33 to 5. This fall in market demand is known as the decrease in demand.
(b) There is an inverse relationship between price and market demand.
Explain briefly the factors which influence individual demand for a commodity.
Define individual demand.
What is a demand schedule?
According to the law of demand, what usually happens as the price of a commodity falls?
Why are individual and market demand schedules useful for businesses?
What distinguishes an individual demand schedule from a market demand schedule?
