P.e(D) of a good is (-)1. Calculate the ...

`P.e_(D)` of a good is (-)1. Calculate the % change in price that will raise the demand from 20 units to 20 units.

Text Solution

Verified by Experts

The correct Answer is:

0.5

Topper's Solved these Questions

ELASTICITY OF DEMAND
RADHA BHUGANA|Exercise Long Answer type Questions|2 Videos
ELASTICITY OF DEMAND
RADHA BHUGANA|Exercise Unsolved Numericals|24 Videos
ELASTICITY OF DEMAND
RADHA BHUGANA|Exercise Very short answer|9 Videos
CONSUMER'S EQUILIBRIUM
RADHA BHUGANA|Exercise UNSOLVED NUMERICALS|8 Videos
FORMS OF MARKET AND PRICE DETERMINATION UNDER PERFECT COMPETITION WITH SIMPLE APPLICATIONS
RADHA BHUGANA|Exercise VERY SHORT ANSWET TYPE QUESTIONS (1 MARK)|2 Videos

Similar Questions

Explore conceptually related problems

Price elasticity of demand of a good is (-)1. calculate the percentage change in price that will raise the demand from 20 units to 30 units.

Price elasticity of demand of a good is (-)1 . Calculate the percentage change in price that will raise demand from 20 units to 30 units.

P.e_(D) = (-)1 , what will be percentage change in price that will raise the demand from 20 units to 30 units.

P.e_(D) of a good is (-)1. when its price falls by one rupee, its demand rises from 16 units to 18 units. Calculate the price before change.

A 5% fall in the price of a good raises its demand from 300 untis to 318 units. Calculate P.e_(D)

Calculate the P.e_(D) for a commodity when its price increases by 25% and quantity demanded falls from 150 units to 120 units.

The quantity demanded of a commodity falls by 5 units when price rises by â‚¹1 per unit. Its P.e_(D) is (-)1.5. Calculate the price before change if at this price Quantity demanded was 60 units.

The quantity demanded of a commodity falls by 5 units when price rises by ₹ 1 per units. Its price elasticity of demand is (-) 1.5. calculate the price before change if it this price quantity demanded was 60 units.

As a result of 10% fall in price of a good, its demand rises from 100 units to 140 units. What is P.e_(D) ?

Price elasticity of demand of a good is (-) 1. when its price per units falls by one rupes, it demand rises from 16 to 18 units. Calculate the price before change.

RADHA BHUGANA-ELASTICITY OF DEMAND-Short Answere type Questions

what is meant by price elasticity fo demand ? Explain any two factors ...
Text Solution
|
How is price elasticty of demand of a commodity affected by the number...
Text Solution
|
Mention any three factors that affect the price elasticity of demand f...
Text Solution
|
How does the nature of a commodity influence its price elasticity of d...
Text Solution
|
Explain the significance of " minus sign" attched to the measure of pr...
Text Solution
|
How is price elasticty of demand affected by: (i) Number of substitu...
Text Solution
|
When price of a commodity fall by â‚¹1 per unit, its quantity demande...
Text Solution
|
Quantity demanded of a commodity rises by 6 units when its price falls...
Text Solution
|
from the following data, calculate price elasticity of demand.
Text Solution
|
when price of a good is â‚¹ 12 per unit, the consumer buys 24 units o...
Text Solution
|
When price of a good is â‚¹ 13 per unit, the consumer buys 11 units o...
Text Solution
|
Calculate the P.e(D) for a commodity when its price increases by 25% ...
Text Solution
|
A 5% fall in the price of a good raises its demand from 300 untis to 3...
Text Solution
|
The demand for good rises by 20% as a result of fall in its price. Its...
Text Solution
|
A consumer buys 18 units of a good at a price of â‚¹9 per unit. The pr...
Text Solution
|
P.e(D) of a good is (-)1. when its price falls by one rupee, its deman...
Text Solution
|
When price of a good falls from â‚¹ 15 per unit to â‚¹ 12 per unit, it...
Text Solution
|
P.e(D) of a good is (-)1. Calculate the % change in price that will ra...
Text Solution
|
A consumer spends â‚¹100 on a good priced at â‚¹4 per unit. When its p...
Text Solution
|
A consumer spends â‚¹ 400 on a good priced at â‚¹8 per unit. When its ...
Text Solution
|