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What happens to total expenditure on a c...

What happens to total expenditure on a commodity when its price falls and its demand is price elastic ?

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Total expenditure will increase.
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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.

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FULL MARKS-ELASTICITY OF DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. A rise in the price of a good results in an increase in expenditure on...

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

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

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

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

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

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

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

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

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  10. Which one of the following four possibilities, results in an increase ...

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  11. The price elasticity of demand for hamburger is :

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  12. The price elasticity of demand is defined as the responsiveness of :

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  13. A decrease in price will result in an increase in total revenue if :

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  14. An increase in price will result in an increase in total revenue if :

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  15. Differentiate between perfectly elastic and perfectly inelastic demand...

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  16. When price is Rs. 20 per unit, demand for a commodity is 500 units. As...

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  17. The demand for a goods falls to 500 units in response to rise in price...

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  18. A consumer spends Rs. 80 on a commodity when price is Rs. 1 per unit. ...

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  19. A decline in the price of good X by Rs. 5 causes an increase in its de...

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  20. A dentist was charging Rs. 300 for a standard clearing job, and per mo...

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