Advertisements
Advertisements
प्रश्न
Draw a diagram showing a perfectly elastic demand curve.
उत्तर
संबंधित प्रश्न
Identify the type of goods having price elasticity of demand greater than 1:
Which is the implication of a horizontal demand curve?
The demand curve is horizontal
What will be the value of price elasticity in this case?
The demand curve is vertical
What will be the value of price elasticity in this case?
Match the following:
| Column I | Column II |
| A. Perfectly Elastic | (i) Ed = 0 |
| B. Perfectly Inelastic | (ii) Ed = infinity |
| C. Highly Elastic | (iii) Ed < I |
| D. Less Elastic | (iv) Ed > I |
Would the elasticity of demand in the following case be unity, less than unity or greater than unity?
A fall in the price of a commodity increases total expenditure.
Would the elasticity of demand in the following case be unity, less than unity or greater than unity?
A fall in the price of commodity, the total expenditure remains the same.
Indicate the degree of elasticity of demand of the following demand curves.
Indicate the degree of elasticity of demand of the following demand curve.
What is the price elasticity of demand for the following demand curve:
Straight line demand curve parallel to X-axis.
