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On the basis of information given below,...

On the basis of information given below, compare price elasticities of Goods A and B.

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The correct Answer is:
`(E_(d)for A= (-) 1.6 ; E_(d)for B= (-) 0.6 ; A` more elastic)
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SANDEEP GARG-ELASTICITY OF DEMAND-Unsolved practicals
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  9. The dmeand function of good 'A' is given as: Q(A) = 40-5P(A). Calculat...

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

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

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

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  13. Commodities A and B have equal price elasticity of demand . The demand...

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  14. The price of a commodity is ₹ 10 per unit and its quantity demanded a...

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  15. Form the following data, calculate price elasticity of demand.

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  16. When price of a good is ₹ 13 per unit the consumer buys 11 units of t...

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  17. The price elasticity of demand of a commodity is -0.5 . At a price of ...

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  18. A consumer buys 20 units of a good at a price of ₹5 per units. He inc...

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  19. The price of commodity is ₹ 20 per unit and total expenditure on it ...

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  20. The price elasticity of demand of X is (-) 1.25. its price falls from ...

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