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प्रश्न
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Matchboxes
पर्याय
Elastic
Inelastic
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उत्तर
Inelastic
Explantion:
Demand is inelastic since the item is necessary.
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संबंधित प्रश्न
Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
Which of the following goods have inelastic demand?
From the following goods, demand for which is inelastic?
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:
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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 |
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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.
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