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Match the following: Column I A. Perfectly Elastic B. Perfectly Inelastic C. Highly Elastic D. Less Elastic Column II Column II (i) Ed = 0 (ii) Ed = infinity (iii) Ed < I (iv) Ed > I - Economic Applications

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Question

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

Options

  • A. (ii), B. (iii), C. (iv) D. (iii)

  • A. (ii), B. (i) c. (iv), D. (iii)

  • A (ii), B. (iii), c. (iii) D. (iii)

  • A. (iii), B. (ii), C. (iv), D. (i)

MCQ
Match the Columns

Solution

A. (ii), B. (i) c. (iv), D. (iii)

Explanation:

Column I Column II
A. Perfectly Elastic (ii) Ed = infinity
B. Perfectly Inelastic (i) Ed = 0
C. Highly Elastic (iv) Ed > I
D. Less Elastic (iii) Ed < I
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Degrees of Elasticity of Demand
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Chapter 2: Elasticity of Demand - QUESTIONS [Page 42]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 2 Elasticity of Demand
QUESTIONS | Q 3. | Page 42
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