Advertisements
Advertisements
प्रश्न
Mention the degree of price elasticity of demand for the following goods:
Medicine
Advertisements
उत्तर
Perfectly inelastic demand
APPEARS IN
संबंधित प्रश्न
Which of the following goods has elastic demand?
From the following goods, demand for which is inelastic?
Mention one example of inelastic demand. Give a reason in support of your answer.
What is unitary elastic demand? Draw a diagram to illustrate it.
Select the commodities from the following which have inelastic demand:
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 |
How do we determine whether the demand for a particular commodity is elastic or inelastic?
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to Y-axis.
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
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 personal computers
