Question

Help with this question guys!!

Note:- Pls solve it on copy

Class :- 11

subject :- Economics

Answer 1

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$\boxed{Here\:is\:your\:@nswer}$

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Answer 2

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$\bold \boxed{Elesticity Of Demand For A Good :=}$

Now,
$\frac{q = 2}{q = 10} \times \frac{p = 4}{p = 8} \\ here \\ ed = \frac{q}{p} \times \frac{p}{q} \\ \frac{2}{4} \times \frac{8}{10} = \frac{2}{5}$

Elesticity Of Demand For y Good

Here

⛛q=15/q=10

P=2/p=8

Here

Ep=15/2 × 10/8 = 6

Therefore, the demand for y good is is more elastic than the demand of for x.

Hope It Will Help You

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