Advertisements
Advertisements
प्रश्न
If the demand function is said to be inelastic, then:
पर्याय
|ηd| > 1
|ηd| = 1
|ηd| < 1
|ηd| = 0
Advertisements
उत्तर
|ηd| > 1
APPEARS IN
संबंधित प्रश्न
Find the elasticity of demand in terms of x for the following demand laws and also find the value of x where elasticity is equal to unity.
p = a – bx2
The total cost function y for x units is given by y = 3x`((x+7)/(x+5)) + 5`. Show that the marginal cost decreases continuously as the output increases.
Find the price elasticity of demand for the demand function x = 10 – p where x is the demand p is the price. Examine whether the demand is elastic, inelastic, or unit elastic at p = 6.
The demand and cost functions of a firm are x = 6000 – 30p and C = 72000 + 60x respectively. Find the level of output and price at which the profit is maximum.
Find the elasticity of supply when the supply function is given by x = 2p2 + 5 at p = 1.
For the demand function p x = 100 - 6x2, find the marginal revenue and also show that MR = p`[1 - 1/eta_"d"]`
Average fixed cost of the cost function C(x) = 2x3 + 5x2 – 14x + 21 is:
Relationship among MR, AR and ηd is:
For the cost function C = `1/25 e^(5x)`, the marginal cost is:
The demand function is always
