Home
Class 11
ECONOMICS
Price elasticity of demand for a product...

Price elasticity of demand for a product is 'unity'. A houseshold buys 25 units of this product at the price of ₹ 5 per unit. If the price of product rises by ₹ 1, how much quantity of the product will the household buy ?

Promotional Banner

Similar Questions

Explore conceptually related problems

Price elasticity of demand for a product is unity. Its demand is 25 units at a price of ₹ 5 per unit. If the price of product rises to ₹ 6 per unit, how much quantity of the product will be demanded ?

Price elasticity of supply for a product is'Unity'. A firm supplies 25 units of this product at a price of ₹3 per unit. If tho price of product rises to ₹ 6 per unit, how much quantity of the product of the will be supplied by the firm ?

Price ealsticity of demand for a commodity is unity and a household demands 50 units of it when its price is ₹ 2 per unit. At what price will the household demands 45 units of the commodity ?

Price elasticity of demand of a good is (-)2. The consumer buys a certain quantity of this good at a price of Rs. 8 per unit . When the price falls he buys 50 percent more quantity . What is the new price ?

The coefficient of elasticity of supply of a commodity is 3. A seller supplies 20 units of this commodity at a price of ₹ 8 per unit. How much quantity of this commodity will the seller supply when the price rises by ₹2 per unit ?

A consumer buys 80 units ofa good at a price of ₹5 per units. Suppose, the price elasticity of demand is (-)2. At what price will he buy 64 units ?

Price elasticity of demand of a good is (-) 1. At a given price the consumer buys 60 units of the good . How many units will the consumer buy if the price falls by 10 percent?

Recommended Questions
  1. Price elasticity of demand for a product is 'unity'. A houseshold buys...

    Text Solution

    |

  2. नाइट्रो बेंजीन का प्रबल अम्लीय माध्यम में अपचयन करने पर अंतिम उत्पाद ब...

    Text Solution

    |

  3. अभिक्रिया CH(3)CHBrCH(2)CH(3) overset(Alc. KOH)to का मुख्य उत्पाद ह...

    Text Solution

    |

  4. यदि एक आयत की लम्बाई में 2 मात्रक की वृद्धि और चौड़ाई में 2 मात्रक की ...

    Text Solution

    |

  5. एक दूध-वाला 15 लीटर दूध में कुछ ₹ 12 प्रति लीटर तथा कुछ ₹ 14 प्रति लीट...

    Text Solution

    |

  6. किग्रा सेब और 1 किग्रा अंगूर का मूल्य किसी दिन ₹ 160 था । एक मही...

    Text Solution

    |

  7. एक व्यापारी 4 थैले चावल और 10 थैले गेहूँ 3600 में खरीदता है । वह...

    Text Solution

    |

  8. जलीय CdCl(2) का विधुत - अपघटन Cd ऐनोड व Fe कैथोड के साथ करने पर क्या...

    Text Solution

    |

  9. Ag^(+)//Ag इलेक्ट्रोड का मानक अपचयन विभव 298 K पर 0.799V है यदि AgI क...

    Text Solution

    |