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प्रश्न
In case of Ed = 0, demand curve is ______.
विकल्प
Horizontal
Vertical
Rectangular hyperbola
None of these
उत्तर
In case of Ed = 0, demand curve is vertical.
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संबंधित 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 ______.
Mention one example of inelastic demand. Give a reason in support of your answer.
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:
Rolex watches
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 for a commodity said to be perfectly inelastic?
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 refrigerators
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 cigar by a chain smoker