Advertisements
Advertisements
प्रश्न
Indicate the degree of elasticity demand of the following demand curves.
Advertisements
उत्तर
- Ed = 0 (Perfectly inelastic demand)
- Ed > 1 (Elasticity of demand greater than 1)
संबंधित प्रश्न
With the help of a graph explain a perfectly inelastic demand curve.
Identify elastic demand when value of Ed is ______.
In case of Ed = 0, demand curve is ______.
From the following goods, demand for which is inelastic?
Mention the degree of price elasticity of demand for the following goods:
Medicine
Mention the degree of price elasticity of demand for the following goods:
School uniform
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 |
When is the demand of a commodity said to be inelastic?
What is price elasticity of demand for life saving drugs?
A list of goods is given below. state whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
demand for electricity
