Advertisements
Advertisements
प्रश्न
Which of the following goods has elastic demand?
विकल्प
Salt
Medicine
Big-sized colour TV
Newspapers
Advertisements
उत्तर
Big-sized colour TV
APPEARS IN
संबंधित प्रश्न
Under what conditions does the supply of good exhibit unitary elasticity?
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?
With the help of a diagram define perfectly elastic demand.
What is unitary elastic demand? Draw a diagram to illustrate it.
Draw a diagram showing elasticity of demand less than one.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Bicycles
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Rolex watches
Explain the different types of price elasticity of 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 cigar by a chain smoker
