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प्रश्न
Given values of price elasticities of demand, less 'elastic' demand is ______.
पर्याय
−2
1.8
0.8
−1.5
उत्तर
Given values of price elasticities of demand, less 'elastic' demand is 0.8.
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संबंधित प्रश्न
Complete the following statement:
Price elasticity of demand on a linear demand curve at the Y-axis is equal to ________.
Explain the types of elasticity of demand
Assertion (A): A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity.
Reasoning (R): Changes in consumers income leads to a change in the quantity demanded.
Distinguish between:
Income Elasticity of Demand and Cross Elasticity of Demand
Define income elasticity of demand.
Assertion (A): A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity.
Reasoning (R): Changes in consumers' income lead to a change in the quantity demanded.
If commodity X and Y are complementary goods , what will be the cross elasticity of demand?
Explain any three types of price elasticity of demand with the help of diagrams.
What will be the effect of 10 percent rise in price of a good on its demand if price elasticity of demand is zero?
What is meant by cross elasticity of demand?
