Advertisements
Advertisements
प्रश्न
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | A. | Ed = 0 |
| (ii) | Perfectly inelastic demand | B. | Ed = ∞ |
| (iii) | Relatively elastic demand | C. | Ed < 1 |
| (iv) | Relatively inelastic demand | D. | Ed > 1 |
पर्याय
(i) A, (ii) D, (iii) C, (iv) B
(i) A, (ii) B, (iii) D, (iv) C
(i) B, (ii) A, (iii) D, (iv) C
(i) D, (ii) C, (iii) A, (iv) B
उत्तर
(i) B, (ii) A, (iii) D, (iv) C
Explanation:
| Column I | Column II | ||
| (i) | Perfectly elastic demand | B. | Ed = ∞ |
| (ii) | Perfectly inelastic demand | A. | Ed = 0 |
| (iii) | Relatively elastic demand | D. | Ed > 1 |
| (iv) | Relatively inelastic demand | C. | Ed < 1 |
APPEARS IN
संबंधित प्रश्न
Define the form of market which has a perfectly elastic demand curve.
Assertion (A): The recent war in Israel will impact key imports to India, which include rough cut and polished diamonds.
Reasoning (R): Diamonds are luxury goods having relatively elastic demand.
Degrees of price elasticity of demand is of ______ types.
Which is the implication of a horizontal demand curve?
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.
Draw a diagram showing a perfectly elastic demand curve.
Indicate the degree of elasticity of demand of the following demand curves.
When is the demand of a commodity said to be inelastic?
A perfectly elastic demand curve is parallel to the X-axis. Why or why not?
Indicate the degree of elasticity of demand of the following demand curve.
