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प्रश्न
From the following goods, demand for which is inelastic?
विकल्प
Matchboxes
Rice in West Bengal
Rolex watches
Both (a) and (b)
उत्तर
Both (a) and (b)
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संबंधित प्रश्न
With the help of a graph explain the relatively inelastic demand for a commodity.
With the help of a graph explain a perfectly inelastic demand curve.
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
Indicate the degree of elasticity demand of the following demand curves.
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to X-axis.
What is the price elasticity of demand for the following demand curve?
Rectangular hyperbola
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 school uniform