BUDE EUR ag Managerial €eonomics. cra- 4 NAvDNA KISHORE 5S. -A09182.3. MBA-K. Closlisty. 8} Sa the macoune of, susponaivents Oh Guanktty Btrnerded 4% gpanFiy dupplecl fo 4 change an has price, Ong one af the anderen? factors duc P Sncome of B tonnwren ete hae ave types of Claakily : tach type of dash soledes tho quantity clamandia $ any ov 4 the ocon \ar@alle . She following emamples of each eloahdly we wos lone» of Demand: St Sy the meats of Ghee ed to. el Cea, furthey pone th emameples Price Cloak ty 2&>poraiveris 5 gportity privy of the produnct awaeyed 4 clans ficahen - 0) Poxtectty tlaske: PED-or ww Vo PED nod Swp domand Jo daid to be corfertty elontic when p small . Unong? Bp PVH would jerut] Ww | ie fold of the plemond fo are.s b Perfect $eelorstc: Whan are dtm dnd rh any grer product aloes not change wohin both wre PEL of ak changes ( wad duerasd , Han “Wh said ' be ponfectty wals Enelaatte, ED) > Veitasug eboske; dhe Atmand 2a atid to be ex varitary clase whan tw change Sn | Glee Qvanksy Asmara Ye eqnal to tho i change Pun Ree, BD) Rdpkively “darke: nun the durvard 4" i aN ew dus te o than tho product Sneanres Sovak pharge on price cated a Relatively dunrond 4 eLorvie © Retatively Snelostic: Wun the olimand for the produrct plone, whan tho change Xn prt oceseed Ahen “at Bs cold os Relatively Snelerstic. AA A AA A AAA RAAARARARRRRaaanneaoeeaeGUY OURUEUeEeeadeeaeeaea eee | Aralygis, and “interpretation: x Price eosats Produack 2: wd heat 2 i tia® wo Problem: P\ = Rs. 100. Gr =! Key whe’ ‘ ness J pate J sro i 5 29 Chargee a Paz ey.20 @, 20.5% 9, A, 2 Initiol qpents Q, Aly for Bowes [ rep. “fe change An Quantity Demanded » __ zy. rorag in REG 2 BO Law ERS) 907. Tris from above mantiond graphs Avis geod tse aw enamp'e of, Rolobivedry elostic Produck, 2: Wend (Pric chechnon 8) 0 = Re 00° @,-\ Ka. \ dseruoe Py = Ry 80 Q,. .5¥Q . ceo = Bi 88 FrePoroctucd 4 BGC i= Rs, bO> Q = Ka | Snoxtove 0, -Ro.120 Qs? qoogm>) PED 2-107 P, = Rn. 500 Pz = &-G00 Product Tom belles: Giz lobettien 4, » B bolt 4 Hor. 301 +n produacd bn salokvely, veloc. a2 2 a. he teen Wt Defini tons ' Cxoduck KFC wing Bucket #, = Rr. 200 foucrt 0 = Ro-320 | bucket a 6, = a buckate Q, =o ped = ae “oe 40) dn ds ie Smell chougt pae ae ene’ wo rise Luat@ays o. phoudte 5 Wer chow ro pout Mey lo gp. 0 wht y d fo 4 ARNO fo Siabe on othe ey damane for “ub aetcoves 19 \ 4 uuuUuOoOoOnnonnnnnnnnnnnnAnnnARneaROMWMUOHEUDHUEDURNeeenehneeanaaanad PED =O. Bro tris fellows the Ferfectig elastic bwood Product: Cold MedBeine ; RP, = Rs. 50 Q, = 10 0). Ry BS Q2=10- rep = 2 =o, 'o Sida dwwey shows that how much over ty price Chose tn product yumains the J of 2a @ good emounple *{ and tes Ans clunnona for ore sy moko PED =0- Thus Pertedy Fneloske brood « 2 Secor Caskey % Devard: of dornand dhows rok, tae _ qvenhty ah vanions products akcpencls “h Chang Arant ty demanded §neoene elasticaly °6 Deward « J. chan Sin income: Tyee Sncone eanticdy oh Pomandy DPokive Incomy eDarhicity 2 Sris tyee of cCastici ly sep to Hy Sihuotion a covocn | a domanel fer te preducl nul { ov Focus Oo tons When the Sncome 8 don the Bue aad the dammond for the product we Anco of one Aechooses- decane wher Thy dud -codegovies for positive Sncore Lose ty ene Sncomo Clnsbheiky: St Bmp equal to tho proporbona.t 1, Unt Foy, yey whan The propartoroly 0 fan Ercomy 8 chong 2 Qpenkyy domondid. fxee-4] a. Srcoory eLaotialy greaten thon uelty: 84m glies when we ronbhy chang iv Sucome Pf, 7 edivcdve! Loe ww 4 dimoncled “ur qywaton wo [revi] city \ens thon unity, St papers fo ye ance? Spenser B.4dncome “pak ane demand oy tw produc dscrsoure> win 4 [2 eval ED Negaive Income El naviGily 1 gd Sa Hee Sewerene Hetotionsk ¢ vo of, the ponsumen ond olamandl fow betwen are td Ww produit. Hun HHUUUHUNLN Oana ae ae aaaA syy Income Ktarkedy y prodacts Se negative forinfocrr goo’ SD ith ds alse known or Oe {for gocds « = = = = —| = = = ; dod for FB D200 Income CLoaticity: OP trp qpontity demand + FF eammnodtityy sarvalins aor |eowrart wile ary vue 67 7 | at Se acticl bo be =3 fal! tf Breome Of ME COW BI gio Srceme eleawcls garncnds ’ (re = yo, drobye OF8 Satexpiatasion: ae Pacduad 4: Fy = 90K 4, 2000 « Ty ank Gd, 2600 » ae eax l ceo gor ves (zeP*] Bo. Shu the slrengg inert ove ha tacome Wad aloo Smcrtared We quantity chemanded 9, The predavet Shes \iibs come PUREE EEE Eo oe7 4 sandler, Positive Srcome elasticity Smeame Gnercones frorn Rs. 1000 Jo Rs. booo Produced: @: 4{ your? ’ ani qaove cre wll you buy Sf your me Ur b tow mary Y ‘ Rncomw Paichow gepk wth yor PUN IOUS ‘ I, =*oco. Q,« gr é Ty =F 6000 Ars [6 tps| , 7 a TED= 20% oy rep«) ' 507 cy ean dea that even when the dalony indaane> bs 50% exe wt a h i LOMA as of dewanded Se only Proaand partic ly Ou ne kuntion 0s how Income oslisty, or RT CHIOVED faom frov0 fy Re b000 Rroduath, of yours Sr c0 a 5 gail be your AS ly, Cons um phon rh toned eSlR of what wh a ward to buy ihe [des ? you Ty = Ry-H000 Q- i \Whe. To = Ry booe @~ \ Ve [Bye aoe] 1 Teds = 0- [re>-o| ~ BO . HUUUnnoeoynpnnn nanan nee aaaDURE UEDEEEEEEaaa aaa HUD EUD beau fontd otk So Oo base need Cormuadlity 1 Hv Change Sn Rn come doen nol fred sd, Qwankiy dor on alnd Hous this product foes undin SLerwo Sncome UWasticly” e os pce IS eprrting $3000 por cron and das BPE" rg Mun $500 on \unusey clotting df Wa eworirg “noua nr 309? Vow much ¥¥Z will spend 07 Vunony doting? T, = 3000 $ 0 = Beod Tr+ B3004 Q 2eb0o4 loys. 9 vat, han 1 (ay Lome andkth Saw We TED “we a poste vig Sncor’ Sloslecaiby . a OL f pn Moe enintng R.300€0 | monty od of “ Produ dt 48 oad nw p an your Aw pov well for alte pcb whow much e ener bP RB Bbeee | month tan { your solo ceed do ou for we & - 2, ence. Ber) Oey oe aooro —> Rn Bee evry oF ~ ohar allvs}wedk > glhelmonth Petac) comeury Agenandea = 10 Vives Chew (2 ty Le a \ Sus [g-ie) > a5Q TeD: 22 tas [seos] Bp . Thos tee Rheteane fen Gncome Lod bo Sncktow w the QeBntty demanded . Tar cb ty positive Sneoee Canby , 3. Caoss Perce ELAeTzerty: dW type of Uasticty ous waned yer a products . 3 ta aned fo Aided) the quantity donranded yor produich avy apfectecl by the pro charg Sn tre othor product . ‘ { { : : 2 2 : : yen i . dence! 0 Cxers Costly of Denard = 1. Seowase te Gta damare rh 6 7. Favor Iv pric ef B. Calegovies 4 Crane Price eLonticity: P. Substitutes Gwod: When the abs demandid for product ? depends upon the change two pte of Procuvel B- [xen >0| ave cross prio elaplcily ____. nthe qty oltmaneled fox pedir 6 de pyr of podudd ushs B. Cornpli rantay Good . Pp Cane —rrr—e T eheg CkASH lxep <0) -Ve Cvs price | \ CTUCE CE CL CL CD Ql Gh Ur ur opeorone ne ae an ne aeBU ob PRUE EEE EEE c.Unvelated goods: Suis hyper thow Sa no velahsrship belwee produces fe Annee os oO. Rosttive Cros Price Covi ty : has yee ef 40h prduct Snouanres 2oks chy occur when ely enor ho ye an Qoeel au ont in which n the two products . 3+ julpektatr Goods. LEW | tho pte Ln one Pay demanded n fox product 6 - 6 e c _ ~ Ax i | (#9 (ry Kg 1 Shouse that the pee Srereones of product @ hos ready 0 oqpanl 2 none Lo cLarmand for produck 2.o an ent or perfect Gubati sete ° Tigi a shoe peal We pre Hacer oh produich A Os Qreeane "19 darvand for preduck &. sf woody dD portia’ Bx ended as Secporfect bubstikk ce, = Neqakve Cryer Pyicn elanticiy ; “Ne elasteity os fi toot PF Onxelgked Cross Orie LO ph & Steonsy Compli manhaley produd : suantty darnard for ree elashedy ocawe whin the valu 4 low than 9, Wian the pre of, product x incoones cluct Y dlredcranes \ e fig Wear Complierentaey . elpsticily: d+ ocr when the product & dyes not charg? wher Ww pie of greducd A changes. Aral 000 Satorpretation : brad eondy ‘rine priccel ats procluch for @y.z00 ond whee at gil nigcnewe bo R.220 , the demand qe" vival t brand fare by 1.57 ecawy of the constant prree vancl ofl you bay 2 tohich “i tt (© te Cf tf te teSt Wo ane ts vival thon aed ‘in pe ee oh, nis val ” | an wie Crow Price Flotielly = of “Baal cords MER aly (Ae por fect Sra Mune ter products ou collec! 0 Substitute ouned "ho pre from Rose fo Rae = Product: Cork Averut Ios “in thos Protuored by Ohi oe eo: eeeeoe! for Lifeboury ate. Which preduct wi you bay? cunt a Constant pre: ch P ou Lifelooud » yen + Dry den ef B= by. ty -olomandieal mpikiad Enews Hr only OF aw & Sim per jwin dhs paliede Ha, daugiog nck aedbaier Product: Wren Pree vf, Breed reteanes faEm Ky tia to Re-Se 4 snnlily clonranel fe" Boda You Vo wot ull be The Cons wii ng 2 ee eeSf} the ander ds no changs, than this, 2 daid bo je Inch Ione the unrelated gocels which days that te price 10 ave ory And alecreare oh) on product dloos not oftees on tae ofr product. pawoniiag lastly o_Demard . oo wasaowe of Snow much odwortising a [ dow?e- a & pre darned fer bh gecdls enpendilwe oferta J. erenge'in 9f4 dornonded page yom elasticrly % Peer? = Adwertsing 7 ; 7. nang adverts efousici tes 1. Port tlastelic, Adena idhan He clanwand 4s" a prcduck chonges both *ncrcane and danuny Pipe d&» nw chore nh enc pevne - a) odwordisi 12 0) An am an we 3 UH UU Utomo= — = = = = = = When a abange Cn odworkising emporse der not rod fo any charpy ain Quantity dlimardeel , 4b Ga kms as perfertty &neaskic dlanrand . 3. Refobveds Clostc Adwentising Clantici ty. When change fun damand os apeaten Yon Smoal0 charge in cowerkisin Mrpervse $4 means Thew wil! be opuater chovge Ie demand clue bo Small chang sits ment (Ra Radpkive Inelanke Adwortising Erpume: AGLI oF Fadi. y \ Wren charge in dermnnd us lem @ . ‘on the change tin 0 Bq evee. \ Aadwenteing Dernard : Ueexous Carte won we change 2 domand Sa equal to the chang Tr olwentising ompanse prece, ten A) cay Reon asfe yy Dathawy eLonke Dorward : baved : Soa) wolen the change 4" Ss equal Jo the choy Sn ° ws Z Cawertising —onpense pric? Rrowen as Uniboscy Closte Demand . Egos 1. Charge io aly demands oe Te changin OA ego? Paeduchss Adu. tonsbicily, Hf Derord = Product Loyd: Charger in adwecticing erp > [Wooo -108) =107/ Chose io By form ola = ee aa, Fra Arantity demons (s-6) = Foy, , SE Gx Refodivels efemntic adwocising . Prceducd: Cusco? enogy dociak- adnodsiog engerse = 507. santiiy = 50°F, Cherop in Change in gomard ) 4 a) Aopen lar = = et €=F) HH HH Hitwise wormsss = > ~ sshus St as Vettaey € (andi Adwertisias Denard = —] Prccuel Cigars (Singoodls) adwarctising he dimard for \ead to mows to Lp mow and Are Fcc change wn = mz Ao tho govt Ren pore Shoo duty to = at fiw - u 3 brcduct: Aowin KEIR Chong “ odwodciaing Emporre - [tooo -5) = A QA clerrancled = a packtls [claws -0- Buy formula = 2 25, EEO -100 Henw fos Good comes uncon porfectty anelookc o-clwentising Berand - Product: Tara Nang Carr: Change Xp odlwentiaing nperse (2 \akh- 2.41 lakhs) Demand = 0 ta — Yo ey for corey uncle perfect “inelantic ~ & atso advertising elaahei ly . USUU eo oo ”