Advertisements
Advertisements
प्रश्न
When despite of no change in the price of the good, its quantity demanded increases from 10 units to 15 units, then coefficient of price elasticity will be ______.
पर्याय
Less than one
Greater than one
Zero
Infinity (undefined)
Advertisements
उत्तर
When despite of no change in the price of the good, its quantity demanded increases from 10 units to 15 units, then coefficient of price elasticity will be infinity (undefined).
APPEARS IN
संबंधित प्रश्न
Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
A demand curve which takes the form of a vertical line parallel to the price axis illustrates elasticity, which is ______.
Identify elastic demand when value of Ed is ______.
In case of Ed = 0, demand curve is ______.
A product's demand is ______ when the time period under consideration is longer.
With the help of a diagram define perfectly elastic 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 |
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to X-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
