Home
Class 11
ECONOMICS
If price of a good rises from ₹ 46 to ...

If price of a good rises from ₹ 46 to ₹ 50 per unit, the demand decreases from 30 units to 15 units. Calculate co-efficient of price elasticity of demand.

Text Solution

Verified by Experts

The correct Answer is:
`P.e_(D)=5.75`
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • ELASTICITY OF DEMAND

    RADHA BHUGANA|Exercise Long Answer type Questions|2 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 of a good rises from ₹ 10 to ₹ 12 and its demand falls from 120 units to 100 units.Calculate price elasticity of demand.

Price of a commodity fall from ₹ 20 to ₹ 15 per unit. Its demand rises from 600 units to 750 units. Calculate its price elasticity of demand.

When price of a good rises from ₹5 to ₹6 per unit, its demand falls from 20 units to 10 units. Compare the expenditure on the good to determine whether demand is elasic or inelastic

When the price of a commodity falls by 20 per cent, its demand rises from 400 units to 500 units. Calculate its price elasticity of demand

A 5 per cent fall in the price of a good raises its demand from 300 units to 318 units. Calculate its price elasticity of demand.

A 5 per cent fall in the price of a good raises its demand from 300 units to 318 units. Calculate its price elasticity of demand.

If price of a commodity rises from ₹ 8 to ₹10 per unit and its demand falls by 50% what is e_(D) ?

When price of a good falls from ₹ 10 per unit to ₹ 7 per unit, quantity demanded of the good rises from 100 to 160 units. Calculate its elasticity of demand.

A 5 per cent fall in the price of a good, raises its demand from 300 units to 318 units. Calculate its price elasticity of demand.

When price of a commodity X falls by 10 per cent, its demand rises from 150 units to 180 units. Calculate its price elasticity of demand . How much should be the percentage fall in its price so that its demand rises from 150 to 210 units.

Home
Profile