Question

5.
ort
(Eg for X = (-) 3; Eg for Y = (-) 1; X is more elastic)
am in its demand. Calculate the price elasticiand which one is more elastic?
22. A 5% fall in the price of X leads to a 10% rise in demand for X. A 2% rise in the price of Y leads to a
6% fall in demand for Y. Calculate elasticity of demand of X and Y.
{E, for X=(-) 2;Eg for Y = (-13)
23. As the price of a commodity falls from 38 to 36, its demand rises from 100 units to 125 units. Find out
the price elasticity of demand by percentage method.
24. At a price of 20 per unit, the quantity demanded of a commodity is 300 units. If the price falls by 10%,
its quantity demanded rises by 60 units. Calculate its price elasticity.
{CBSE, All India 2003)
36. TI
ri
(E =(-11
37. T
{E=(-)2
38. F
{Eg=(-) 1)
39.
{E: =(-)2.5)
40.
25. As a result of 10% rise in the price of a good, its demand falls from 100 units to 90 units. Find out the
price elasticity of demand.
26. 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 for the commodity?
Calculation of Elasticity of Demand (When Total Expenditure is given)
27. As price of a commodity falls from 37 per kg to 5 per kg, the total expenditure on it increases from
3,500 to 6,250. Find out the elasticity of demand.
(Es=(-) 5.25)
28. A consumer spends * 80 on a commodity at a price of 1 per unit and 100 at a price of 2 per unit.
What is the price elasticity of demand?
{E:= (-) 0.375)
29. Mr. Ram spent 200 on a commodity and bought 20 units of it. When its price changed, he spent
3300 and bought 15 units. Find out the elasticity of demand.
{E:= (-) 0.25)
30. On the basis

Answer 1

Answer:

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Explanation:

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