Home
Class 11
ECONOMICS
A household increases its demand for a c...

A household increases its demand for a commodity from 40 units to 50 units when its price falls by 10%. What is the price elasticity of demand of the commodity ?

Promotional Banner

Similar Questions

Explore conceptually related problems

A household increases its demand for a commodity from 40 units to 50 units when its price falls by 10% What is price elasticity for the commodity?

A consumer purchased 10 units of a commodity when its price was ₹ 5 per unit. He purchased 12 units of the commodity when its price fell to ₹ 4 per unit. What is the price elasticity of demand for the commodity ?

The quantity demanded of a commodity rises from 800 units to 850 units when its price falls from Rs. 20 per unit to Rs. 19 per unit . Calculate its elasticity of demand.

Quantity demanded of a commodity rises by 6 units when its price falls by ₹1 per unit its price elasticity of demand is (-)1. if the price before change was ₹20 per unit, calculate quantity demanded at this price.

The price elasticity of demand of commodity X is 1/2 of price elasticity of demand of commodity. When price of X falls by 40% , its demand rises by 20 units. Calculate price elasticity of demand of commodity X and Y, it originally 100 units of X were demanded at price of ₹ 5 per unit.

Price of a good falls from ₹ 10 to ₹8. As a result, its demand rises from 80 units to 100 units. What is the price elasticity of demand ?

A consumer spends Rs. 80 on a commodity when its price is Rs. 1 per unit and spends Rs. 96 when the price is Rs. 2 per unit . What is the price elasticity of demand for the commodity ? Note : By dividing expenditure with the price we can get the quantity demanded.

When price of a commodity falls by 80 % , the quantity demanded of it increases by 100 %. Find out its price elasticity of demand.

when price of a good falls from ₹ 5 to ₹ 3 per unit, its demand rises by 40 % . Calculate its price elasticity of demand.

Recommended Questions
  1. A household increases its demand for a commodity from 40 units to 50 u...

    Text Solution

    |

  2. लेंथेनाइड आकुंचन या संकुंचन क्या है? इसका क्या कारण है? इसके प्रमुख प्...

    Text Solution

    |

  3. एक दण्ड चुम्बक को पतले तार द्वारा किसी समान चुम्बकीय क्षेत्र में लटकाय...

    Text Solution

    |

  4. यदि R प्रतिरोध और C धारित हो तो सिद्ध कीजिए कि RC का मात्रक सेकण...

    Text Solution

    |

  5. 10ओम प्रतिरोध तथा 10 हेनरी प्रेरकत्व की एक कुण्डली 50 वोल्ट की ब...

    Text Solution

    |

  6. एक भिन्न इस प्रकार है कि यदि इसके अंश को 3 से गुणा किया जाए और हर से 3...

    Text Solution

    |

  7. यदि एक भिन्न के अंश में इसका हर जोड़ दिया जाए और हर में से अंश घटा दिय...

    Text Solution

    |

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

    Text Solution

    |

  9. एक बाल्टी जब (5)/(7) भाग तक पानी से भरी है तो इसका भार 12 किग्रा तक पा...

    Text Solution

    |