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प्रश्न
Draw a diagram showing a perfectly elastic demand curve.
उत्तर
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संबंधित प्रश्न
Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
With the help of a graph explain a perfectly inelastic demand curve.
Which is the implication of a horizontal demand curve?
Identify elastic demand when value of Ed is ______.
In case of Ed = 0, demand curve is ______.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Bicycles
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 |
When is the demand of a commodity said to be inelastic?
When is the demand for a commodity said to be perfectly inelastic?
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