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प्रश्न
Match the following :
| Group 'A' | Group 'B' |
| (a) Demand and price | (1) wages |
| (b) Perfectly elastic supply | (2) Vertical supply curve |
| (c) Land | (3) Transfer income |
| (d) Unemployment allowance | (4) Horizontal supply curve |
| (e) Reserve Bank of India | (5) Inverse relation |
| (6) Rent | |
| (7) 1935 | |
| (8) Direct relation |
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उत्तर
| Group 'A' | Group ' B' |
| (a) Demand and price | (5) Inverse relation |
| (b) Perfectly elastic supply | (4) Horizontal supply curve |
| (c) Land | (6) Rent |
| (d) Unemployment allowance | (3) Transfer income |
| (e) Reserve Bank of India | (7) 1935 |
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संबंधित प्रश्न
How does change in the price of complementary good affect the demand for the given good? Explain with the help of an example.
A 5 percent fall in the price of a good raises its demand from 300 units to 318 units. Calculate its price elasticity of demand.
When price of a commodity falls by Rs 1 per unit, its quantity demanded rises by 3 units. Its price elasticity of demand is (−) 2. Calculate its quantity demanded if the price before the change was Rs 10 per unit.
State whether the following statement is true or false :
Concept of ‘elasticity of demand’ is useful for the finance minister.
Write Short note on the following.
Ratio method of measuring price elasticity of demand ?
Define or explain the following concepts (Any THREE):
Stock
Choose the correct answer :
Perfectly elastic demand curve is _________.
Choose the correct answer :
Demand of labour is _______
Match the following:
|
Group A
|
Group B
|
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1. Cars and petrol
|
a. Elastic demand
|
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2. Point method
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b. Complementary
|
|
3. Necessary goods
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c. Geometric method
|
|
|
d. Inelastic demand
|
The coefficient of price elasticity of demand for Good X is (−) 0.2. If there is a 5% increase in the price of the good, by what percentage will the quantity demanded for the good fall?
Elasticity of demand for two goods A and B is -2 and -3 respectively. Then good A has higher elasticity.
The government wants to reduce the consumption of good by 10%. The price elasticity of demand for elasticity is -0.4. The government should raise the price of elasticity by ______.
The price of Y falls from ₹ 8 to ₹ 6. The quantity demanded increases from 100 units to 125 units. The price electricity of demand will be ______.
Which of the following is the most likely reason for the relatively high elasticity of bottled water?
Assertion (A): Demand for a commodity with large number of substitutes with be less elastic.
Reason (R): With large number of substitutes, even a small rise in its price will induce the buyers to go for its substitutes.
The nature of a commodity determines its price elasticity of demand. Explain.
When will the demand curve be parallel to x-axis?
Comment upon the shape of the demand curve, if Ed = 0.
How does the nature of a commodity affect its price elasticity of demand?
Which of the following correctly describes the relationship between availability of substitutes and price elasticity of demand?
What effect do habitual consumption patterns have on price elasticity of demand?
