Advertisements
Advertisements
प्रश्न
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
Advertisements
उत्तर
It is a essential item for consumption of a common man. So its demand will be relatively inelastic
APPEARS IN
संबंधित प्रश्न
In case of Ed = 0, demand curve is ______.
Demand is inelastic for ______.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Bicycles
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Rice in West Bengal
Mention the degree of price elasticity of demand for the following goods:
Medicine
Indicate the degree of elasticity demand of the following demand curves.

When is the demand for a commodity said to be perfectly inelastic?
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
The value of price elasticity of demand is 0.8. Is demand elastic or inelastic? Give reason.
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to X-axis.
