Home
Class 11
ECONOMICS
Find out slope of dd curve from the foll...

Find out slope of dd curve from the following data:
`{:(P " Rs.40,",Q" 40units"),(P_(1)" Rs. 80,",Q" 20 units"):}`

Text Solution

Verified by Experts

Slope `=(DeltaP)/(DeltaQ)=(P_(1)-P)/(Q_(1)-Q)`
`=(80-40)/(20-40)=(40)/((-)20)`
`=(-)2`
Promotional Banner

Topper's Solved these Questions

  • THEORY OF DEMAND

    RADHA BHUGANA|Exercise LET US RECAPITULATE|11 Videos
  • THEORY OF DEMAND

    RADHA BHUGANA|Exercise MULTIPLE CHOICE QUESTIONS|11 Videos
  • SIMPLE APPLICATIONS OF TOOLS OF DEMAND AND SUPPLY

    RADHA BHUGANA|Exercise Long answer|3 Videos
  • THEORY OF SUPPLY : LAW OF SUPPLY AND ELASTICITY OF SUPPLY

    RADHA BHUGANA|Exercise LET US RECAPITULATE|9 Videos

Similar Questions

Explore conceptually related problems

Q Find out P and Q :

Find the ratio of the following: Rs. 8.40 to Rs. 3.15

Calculate MPS and Multiplier (k) from the following data : {:("Income"(Rs.),100,200),("Saving"(Rs.),40,100):}

Find out median marks from the following data : {:("Marks",0-10,10-20,20-30,30-40,40-50),("Number of Students"," "8," "30," "40," "12," "10):}

Calculate the values of Q_(1),Q_(3),D_(8)and P_(85) - from the following data : {:("Wages (Rs.)",0-10,10-20,20-30,30-40,40-50),("Number of Workers"," "22," "38," "46," "35," "19):}

Find out median value of the following distribution: {:("Wege Rate (Rs.)",0-10,10-20,20-30,30-40,40-50),("Number of Workers", " "22," "38," "46," "35," "20):}

E_(P) of a good is -4. When price of this good rises from Rs. 5 to Rs. 6 per unit , a consumer busy 40 units less . How many units did he buy at Rs. 5 ?

Find a unit vector in the direction from point P(1,-1,2) to point Q(-1,1,1) .