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Why is price elasticity of demand has ne...

Why is price elasticity of demand has negative sign always ?

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Price elasticity of demand is generally negative because of the inverse relationship between price and quantity demanded.
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FULL MARKS-ELASTICITY OF DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. Suppose, there was 4% decrease in the price of a good and as a result,...

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  2. Define price elasticity of demand.

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  3. Why is price elasticity of demand has negative sign always ?

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  4. Given the formula for measuring price elasticity of demand according t...

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  5. Give the formula for measuring price elasticity of demand according to...

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  6. Define perfectly inelastic demand.

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  7. Define perfectly elastic demand.

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  8. Demand for product X is perfectly elastic. What will be the change in ...

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  9. If ED lt 1, in which portion the point would be located on a straight ...

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  10. When is the demand of a commodity said to be inelastic ?

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  11. If price elasticity of demand for a product is equal to one, what will...

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  12. A rise in the price of a good results in an increase in expenditure on...

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  13. If two demand curves intesect, which one has the higher price elastici...

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  14. What happens to total expenditure on a commodity when its price falls ...

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  15. A poor household with no or very little income remains underfed. If th...

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  16. How will a rich household's demand for low - quality rice respond to a...

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  17. In case of a straight line demand curve meeting the two axes, the pric...

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  18. Identify the factor which generally keeps the price elasticity of dema...

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  19. Identify the coefficient of price elasticity of demand when the percen...

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  20. If the demand for a good is inelastic, an increase in its price will c...

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