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प्रश्न
From the following goods, demand for which is inelastic?
पर्याय
Matchboxes
Rice in West Bengal
Rolex watches
Both (a) and (b)
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उत्तर
Both (a) and (b)
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संबंधित प्रश्न
Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
Which is the implication of a horizontal demand curve?
A product's demand is ______ when the time period under consideration is longer.
Mention one example of inelastic demand. Give a reason in support of your answer.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Rice in West Bengal
Select the commodities from the following which have inelastic demand:
Indicate the degree of elasticity demand of the following demand curves.
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
The value of price elasticity of demand is 0.8. Is demand elastic or inelastic? Give reason.
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to Y-axis.
