Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number

022-62211530

Mon to Sat - 11 AM to 8 PM

Ask Elasticity Of Demand question free ×

Queries asked on Sunday and after 7 pm from Monday to Saturday will be answered after 12 pm the next working day.

  • CBSE×
  • Class 12 Commerce×
  • Microeconomics×
  • Theory Of Consumer Behaviour×
  • Elasticity Of Demand×

Elasticity Of Demand Free Doubts and Solutions

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Explain the price elasticity of demand.

Asked by Topperlearning User 25th April 2016, 10:00 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What is total expenditure method? Explain the three possible situations in the total expenditure method.

Asked by Topperlearning User 25th April 2016, 9:43 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Draw a straight line demand curve and show the point at which the price elasticity of demand > 1 and the price elasticity of demand < 1.

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Suppose 5% increase in price causes 5% increase in expenditure on the good, what is the price elasticity of demand?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Assume the consumer buys more of a good when the consumer’s income increases, how will the demand curve change?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Assume the price elasticity of demand for a good is equal to 1. When the price is Rs 5, the demand in the market is 200 units. What is the quantity demanded if the price falls to Rs 2?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What is rectangular hyperbola curve?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What is constant elasticity of demand?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Look at the demand curve of a good which is a straight line sloping downward. State whether the elasticity of demand is zero when the price is zero.  

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Explain the geometric method of measuring the elasticity of demand.

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What are the factors determining the price elasticity of demand for a good?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What is price elasticity of demand?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Calculate an imaginary demand schedule for an individual consumer which is paradoxical to the law of demand.

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

In a market, there are 20 consumers of a good and the demand of each individual consumer is similar as given below: Price Demand of each consumer 10 18 8 20 4 24 2 28   Calculate the market demand for the good.

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What is market demand?

Asked by Topperlearning User 25th April 2016, 9:33 AM
Answered by Expert

Answer this question

×
Your answer has been posted successfully!

Latest Questions

Chat with us on WhatsApp