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प्रश्न
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 ______.
विकल्प
Less than one
Greater than one
Zero
Infinity (undefined)
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उत्तर
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 infinity (undefined).
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संबंधित प्रश्न
Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
Degrees of price elasticity of demand is of ______ types.
Which is the implication of a horizontal demand curve?
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Mention one example of inelastic demand. Give a reason in support of your answer.
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Indicate the degree of elasticity demand of the following demand curves.
When is the demand of a commodity said to be inelastic?
Define perfectly elastic demand.
