Advertisements
Advertisements
प्रश्न
What is the price elasticity of demand for the following demand curve?
Rectangular hyperbola
उत्तर
Ed = 1
APPEARS IN
संबंधित प्रश्न
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 ______.
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 ______.
Demand is inelastic for ______.
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:
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.
Indicate the degree of elasticity demand of the following demand curves.
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 precious stones and costly jewellery