Home
Class 11
ECONOMICS
As price of a commodity increases from ₹...

As price of a commodity increases from ₹ 4 per unit to ₹ 5 per unit, demand falls from 20 units to 10 units. Find out the elasticity of demand.

Text Solution

Verified by Experts

The correct Answer is:
`(E_(d)(-)2)`
N/a
Promotional Banner

Topper's Solved these Questions

  • ELASTICITY OF DEMAND

    SANDEEP GARG|Exercise Long Answer|4 Videos

  • DEMAND AND ITS DETERMINANTS

    SANDEEP GARG|Exercise Model test paper 3|12 Videos

  • INTRODUCTION

    SANDEEP GARG|Exercise UNSOLVED PRACTICALS|6 Videos

Similar Questions

Explore conceptually related problems

Price of a commodity fall from ₹ 20 to ₹ 15 per unit. Its demand rises from 600 units to 750 units. Calculate its price elasticity of demand.

If price of a commodity falls from ₹ 60 and ₹58 per units , its supply falls from 400 units to 300 units . Find out its elasticity of supply.

As a result of 10% rise in the price of a good, its demand falls from 100 unit to 90 units. Find out the price elasticity of deamand.

Comment upon the degree of elasticty of demand for Good X, in the following given situation, if the price of the commodity rises from ₹5 per unit to ₹ 7 per unit and the quantity demand falls from 20 units to 16 units using proportionate method.

Price of a good falls from ₹ 10 to ₹8. As a result, its demand rises from 80 units to 100 units. What is the price elasticity of demand ?

Price of a good rises from ₹ 10 to ₹ 12 and its demand falls from 120 units to 100 units.Calculate price elasticity of demand.

SANDEEP GARG-ELASTICITY OF DEMAND-Unsolved practicals
  1. The quantity demanded increases from 100 units to 200 units when the ...

    Text Solution

    |

  2. As price of a commodity increases from ₹ 4 per unit to ₹ 5 per unit, d...

    Text Solution

    |

  3. The prices and quantites demanded of a commodity are given below. On t...

    Text Solution

    |

  4. Price of a good falls from ₹ 10 to ₹8. As a result, its demand rises f...

    Text Solution

    |

  5. Demand increases by 10 units when the price decreases by ₹2. As a resu...

    Text Solution

    |

  6. Following is the market demand scheldule of commodity X. Calculate the...

    Text Solution

    |

  7. Suppose that originally, a product was being sold at ₹ 10 per unit and...

    Text Solution

    |

  8. A consumer purchased 10 units of a commodity when its price was ₹ 5 p...

    Text Solution

    |

  9. following are the demand schedules for commodities A and B . Which one...

    Text Solution

    |

  10. following is the demand schedule of commodity Y: Calculate the elas...

    Text Solution

    |

  11. The coefficient of price elasticity of demand for a commodity is 0.2. ...

    Text Solution

    |

  12. Market dmand for good at price ₹ 10 per unit is 100 units. When its ...

    Text Solution

    |

  13. A consumer buys 160 units of a good a t a price of ₹ 8 per unit. Price...

    Text Solution

    |

  14. A consumer buys 200 units of a good at a price of ₹5 per unit. With ch...

    Text Solution

    |

  15. price of a commodity decreases from ₹ 10 to ₹ 5 per unit. If the price...

    Text Solution

    |

  16. The elasticity of demand for sait is zero. If the demand is 2 kg at th...

    Text Solution

    |

  17. Price ealsticity of demand for a commodity is unity and a household de...

    Text Solution

    |

  18. The quantity demanded of a commodity falls by 5 units when price rises...

    Text Solution

    |

  19. What price of a commodity falls by ₹ 1 per unit , its quantitfy demand...

    Text Solution

    |

  20. As price of a 5 per cent fall in the price of a good, its demand rises...

    Text Solution

    |