Home
Class 11
ECONOMICS
following are the demand schedules for c...

following are the demand schedules for commodities A and B . Which one of them has more elastic demand ?

Text Solution

Verified by Experts

The correct Answer is:
(Ed for A = (-) 0.5 Ed for B = (-) 1; B is more elastic )
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

following is the demand schedule of commodity Y: Calculate the elasticity of demand when ,(i) price rises from ₹ 15 to ₹ 20 , (ii) when price falls from ₹ 20 to ₹ 15 .

Demand for a commodity refers to

Demand for a commodity refer to :

A fall in demand or rise in supply of a commodity :

SANDEEP GARG-ELASTICITY OF DEMAND-Unsolved practicals
  1. Suppose that originally, a product was being sold at ₹ 10 per unit and...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  15. A 3% fall in the price of X leads to a 9% rise in its demand. A 5% ris...

    Text Solution

    |

  16. A 5 % fall in the price of X leads to a 10% rise in demand for X.A 2% ...

    Text Solution

    |

  17. As the price of a commodity falls from ₹ 8 and ₹ 6, its demand rises f...

    Text Solution

    |

  18. At a price of ₹ 20 per unit, the quantity demanded of commodity is 30...

    Text Solution

    |

  19. As a result of 10% rise in the price of a good, its demand falls from ...

    Text Solution

    |

  20. A household increases its demand for a commodity from 40 units to 50 u...

    Text Solution

    |