No products in the cart.

10. The price of a commodity …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

10. The price of a commodity is `50 per unit and its quantity demanded is 500 units. Its price rises to 60 per unit and quantity demanded falls by 90 units. Calculate its price elasticity of demand. Is demand elastic? Give reason for your answer. [

Posted by Yashvi Keshari 3 months, 3 weeks ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Related Questions

What is difference between table and tabulation?

Posted by Vivek Saroj 3 months ago

CBSE > Class 11 > Economics

0 answers

Production include all those activity which are Undertaker to produce good and services for the generation of income by enhancing the utility of dash and dash

Posted by Himanshi Rathore 3 months, 1 week ago

CBSE > Class 11 > Economics

0 answers

The following news was printed in the Economic Times: "Narrow petrol-diesel price gap and higher price of diesel cars alter buyer preference." Explain this statements linking it to the concept of elasticity of demand. Open in App

Posted by Sneha Badhwar 3 months, 1 week ago

CBSE > Class 11 > Economics

0 answers

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Divyanshu Singh 3 months, 2 weeks ago

CBSE > Class 11 > Economics