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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
With the help of a graph explain the relatively inelastic demand for a commodity.
With the help of a graph explain a perfectly inelastic demand curve.
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 ______.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Bicycles
Study the statement given below and state whether demand will be elastic or inelastic, citing reasons for your answer.
Demand for cigarettes by a habitual smoker.
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
Explain the different types of price elasticity of demand.
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to Y-axis.
What is the price elasticity of demand for the following demand curve?
Rectangular hyperbola
State whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
demand for refrigerators
