(English Medium) ICSE Class 10 - CISCE Question Bank Solutions

Draw a diagram showing elasticity of demand less than one.

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:

Matchboxes

For the following list of goods state whether the demand is elastic or inelastic. Give reasons:

Rice in West Bengal

For the following list of goods state whether the demand is elastic or inelastic. Give reasons:

Rolex watches

Select the commodities from the following which have inelastic demand:

Mention the degree of price elasticity of demand for the following goods:

Cosmetics

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

Mention the degree of price elasticity of demand for the following goods:

Air conditioners

Study the statement given below and state whether demand will be elastic or inelastic, citing reasons for your answer.

Demand for cigarettes by a habitual smoker.

Study the statement given below and state whether demand will be elastic or inelastic, citing reasons for your answer.

A consumer postpones the purchase of a refrigerator till the off-season sale.

Study the table given below and state whether demand is elastic or inelastic. Give reasons for your answer.

Indicate the degree of elasticity demand of the following demand curves.

How do we determine whether the demand for a particular commodity is elastic or inelastic?

When is the demand of a commodity said to be inelastic?

What is meant by unitary elastic demand?

When is the demand for a commodity said to be perfectly inelastic?

Define perfectly elastic demand.

A perfectly elastic demand curve is parallel to the X-axis. Why or why not?