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A 5 % fall in the price of X leads to a ...

A 5 % fall in the price of X leads to a 10% rise in demand for X.A 2% rise in the price of Y leads to a 6 % fall in dmeand for Y. calculate elasticity of demand of X and Y.

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The correct Answer is:
`(E_(d) for X = (-) 2; E_(d) for Y = (-)3)`
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SANDEEP GARG-ELASTICITY OF DEMAND-Unsolved practicals
  1. As price of a 5 per cent fall in the price of a good, its demand rises...

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

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

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

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

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

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

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  8. As price of a commodity falls from ₹ 7 per kg to ₹ 5 per kg, the total...

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  9. A consumer spend ₹ 80 on a commodity at a price of ₹ 1 per unit and ₹ ...

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  10. Mr. Ram spent ₹ 200 on a commodity and bought 20 units of it . When it...

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  11. On the basis of information given below, compare price elasticities of...

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  12. The price elasticity of demand of good X si double the price elasticit...

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  13. A consumer buys a certain quantity of a good at a price of ₹ 10 per u...

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  14. At a price of ₹ 5 per pen, the demand is 40 pens. The elasticity of d...

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  15. The price elasticity of demand of commodity X is 1/2 of price elastici...

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  16. if (DeltaP)/P =0.2 and price elasticity is (-) 2. calculate the percen...

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  17. The dmeand function of good 'A' is given as: Q(A) = 40-5P(A). Calculat...

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  18. The ratio of change in price (DeltaP) to original price (P) is 0.4 and...

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  19. Price elasticity of demand for a product is unity. Its demand is 25 un...

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  20. the price of a commondity is ₹ 12 per unit and its quantity demanded ...

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