मराठी

From the following data regarding individual demand schedules of households A, B and market demand schedule, what will be the values of (i) and (ii) - Economic Applications

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प्रश्न

From the following data regarding individual demand schedules of households A, B and market demand schedule, what will be the values of (i) and (ii) (Assuming that there are only 2 households in the market).

Price (in ₹) Individual Demand (units) Market demand (units)
A B C
7 (i) 16 15 51
8 18 15 (ii) 46
9 16 12 11 39
10 13 10 9 32

पर्याय

  • 18, 13

  • 13, 20

  • 20, 13

  • 13, 18

MCQ

उत्तर

20, 13

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पाठ 1: Elementary Theory of Demand - QUESTIONS [पृष्ठ १७]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 1 Elementary Theory of Demand
QUESTIONS | Q 18. | पृष्ठ १७

संबंधित प्रश्‍न

Draw a demand curve with the help of a hypothetical individual demand schedule.


Explain the role of the following in correcting ‘excess demand’ in an economy:

(i) Bank rate.

(ii) Open market operations. 


Observe the following table and answer the following questions:

Quantity demanded
Price per kg. in ₹ Consumer
A
Consumer
B
Consumer
C
Market demand (in kgs)
(A + B + C)
25 16 15 12 ______
30 12 11 10 ______
35 10 09 08 ______
40 08 06 04 ______
  1. Complete the market demand schedule.
  2. Draw market demand curves based on the above market demand schedule.

Give economic terms:

Graphical representation of demand schedule.


Identify the most efficient student:

Name of the
student
No. of projects
completed
Quality of projects Time taken
(in days)
P 5 Average 4
Q 5 Very good 4
R 5 Very good 7
S 6 Poor 3

Demand schedule is a list of prices and quantities.


What will be the values of (i) and (ii)?

Price (in ₹) Quantity Demanded by Total Demand
  A B C  
10 30 (i) 12 52
20 20 8 9 37
30 10 6 (ii) 22

From the given demand schedule, what will be the effect on demand curve.

Price in (₹) Demand (units)
20 100
20 70

Construct a demand schedule showing relationship between price and quantity demanded.


Shyam, Sita, Renu, Ahmed and John are five consumers of apples. Their demand for apples is given below. Derive the market demand schedule for apples.

Price per Kg. (In ₹) Quantity Demanded (Apples) in Kg.
  Shyam Sita Renu Ahmed John
25.00 16 15 12 14 18
30.00 12 11 10 8 15
35.00 10 9 8 6 12
40.00 8 6 4 2 8

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