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Identify and define the degrees of elasticity of demand from the following demand curve. Perfectly Inelastic Demand

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प्रश्न

Identify and define the degrees of elasticity of demand from the following demand curve.

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उत्तर

Perfectly Inelastic Demand: When a change in the price does not affect the quantity demanded of a commodity, it is called perfectly inelastic demand. In this case, Ed = 0.

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पाठ 3.2: Elasticity of Demand - EXERCISE [पृष्ठ ३६]

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बालभारती Economics [English] Standard 12 Maharashtra State Board
पाठ 3.2 Elasticity of Demand
EXERCISE | Q 7. 1) a) | पृष्ठ ३६
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