Date Saathi

Elasticily and % Appliaakon

Elashetyisa miasune hoao much biyyens and slla

9eSpondfo changen mmorke condHemp
Elas heby meatnesPlearbilty olemand k8upoly
allows Analyze 4 y *damond h
pre oi's cn.
groater

pes olashaty o Demand

1Prick lastiy
2. Cross Pri £last
. Income lashicdy

ia flasHeilN Prica ElasHety aemanal s

Ka peren mga
change in quanbly demandeod fiven a penent ohange in _ho
price k denoted y £
When Rene s changa In pos, how hone s change la olemand
change in quanhky olam andeal
formula Ep = o chana in prica
A

hona

change in qhy olemandso

Ap Change apdet
iniha prce
l i h a l qs dmandasl
Page No.
 Date
Saathi)

t h the prce a an ice ceam Cme 1ncreaMes Fom

2.00o 2.20 and the amount you duy falk
elasho damansd
arduldai caleulated_as:

Inial Pria $2
Nao Pra 2.20
Fhatne

I'nihal damandad =1O

Ne t y alomandas

p
10-8 2
2-2-20 1

0.2
fp2

Nanges o lactc Pria £lasieihy.

nelas ho Demand
P'enuntage ehange io pace grafen han pencantaga ehang
in guankly olomans
rice elashty o demand los ao me.

Flashie Dsmand.
ehunge in quan hdy demand geaen han peroantage
'ercetag eha
ehonginpria.
Tri elas keh demand reaa.

PageNo.
 Date
Gaathi
PoneoHyn elasH Damand

ElasHu iseGualh 0
Prilta A |Deman

100 Latly
Even ihene schanta in pnei, M n o ahang in
damandad Demand a u z e venheal sraight lm
and parall h poce

nela ste Damand

Elashii less than

Prict m a n t

25y

40 to uanty
by 10
Eq Sa
Hena henpnce ineeases 9 demandsd dea reasa.
Thi Shounna the inerea n poc is mne Man
ha fall n àh damanded Kus, kene, £la sh s lu
an Hene, Change i prca _ mere han
change h 40 damandad.

Page No.
 Saathi
Date

Unltary flashe Demand(vaiferm/Unit)

Elasheiyi equalk_1
Prct
e m a n d

TS (U vanH ty
Hesce changeii po'ce is29ual _ eha ngein gty
demanal es oth changet aha 9 ame

Elaste Demand

Elasheiy eate7 han

50

Hene, change in ghdemandos mre Man

Change in pnee r % ehange tapna kashan
change In 2h domaned

Page
 Date
Saathi
Panfe oHy ElasHe Domand
Elasheiys4ual b_iioiy lo

-Demand+

Here,_pnce emainssSamebut K ) samepo'a

1demanded changs Demand onveshaazental
3aghtlinepanalle to 2hdamandd lhe.tars)
we put in h frmula, ue aan final, Ep

nccme lastcly Demand his meaiwne hos

much ho h olom.andod aood
pcnos k a
chang10 Cns u mans'jhcom I / is lonotd.

|formulal E- Change in quaatha damandad

Changg inncome

Income Elashieih pes Gsodls

Nasnal rads
Deka:hem in anq bk Incme Jncome
copy
lncome Elasheity s_posikve y demandad D
Diec RalaHenship
necer oods
Daknihm barg
lncomeElaskuh s nagahr
Jncomm ncane
BDemandkd
nvenseKlaonahe Page No.L
 Date
Saathiy
Hehwciocem

Considan Aat youn in comeMn inc seasns i yo

1sooo0 J t6o,00oYou doepht pars dasig nun
/eans lash ye. dociolad pvehase povo h yeen.
Koapig all facton aam, calauae D

Inihal lncoma So,0d

New Co, o o

SniHp Damando.d
5
Na
50000 600o0

1000

change

20

AT

1 3.33

face ic.
 Date Saathi
3CrOss Pria £lashehy-Elashei measuea that
loo ks a t he
iopace chanpe in Ae pdo c n
ondkas on he demand aansherood
s/e -Subshhtes.
Formula E Ohange in qhy damanded ood goed (say Y
chang in pris edher gsed [say X)
2 Cn de Hions
hoo egaamesadths cmmnod be ase gubsKtuk_ o each
ohen ns_ho elas#ety s posihve.
ar Lneaasa elds
n0ds
oO emmo d bes ahu Complementans ax ter each othon
CroeSlnce olasHey gaAm
Oum.
1:he coss zlashuy bla 2 goocohon heon miasuss ak -I.)
esan Ra goads rlated) Esplain aive _an -20acla
f e uwhteh_His mght e aeas.omahle MOan un / crou
elaahedy Vsing a Sk mocat feceach
n ha you gave sho, kow tha cha ne in thi pra e
ee ha markst e th elates gaads or secomd qso

Page No.
Module

Date
Saathi)
CONSUMER Se HAVTOOR
hee huo 3eps ino/ved jnhe shudy conaumn.
behavio
onsumen refenencs

2 udsot_conskainb

Prekersnce basie assup kt

nence O mpleR karhiag market beoksn.

Leherancu o C
hy mut prefen A k .
A prferod h s s poekened k e, hen
_ C,
A pnfered
m sumens always_Lreka ma e any oecl aess
Me quanht is pakmd Ran legg Hoe been

gualty k_paferedMen le bad 4uaity

Dscount io ma lls We ges jnclned b mm

iscoons. Kan les lseomt.

ladi neo Cur

LodLkran LnveL epeient A/ amhinehemp mankas

baskeh hat Me penson aalilkseot o,

fnctent Sehadsle-
Maske baske nit eHow Unit v lothin
A 20 30
1
D 20
40

Pace No.
 Date Saathi
noun e fo o opolnt e a
atmy ohtek a
Cnsaman s
indb founk

0-

304o food

AU a nolifeenk-amms Ka markes baskah 6, A, D

ouEAmeng G , E A_h mome efenal tr .
f Is more prefered A

ghen ln dferane a e means kiphen lerel o/satisbacher

eu Ug mprefarsed han U. Vz i
ed than

Poperhes of C

ighe 1 tepcese nh kighan lerel Satsfackcn

esen10epesenta Vescen leve! 3afsfaelin

ICs cannof tobensect/coss 2ach afhan

food

Page No
 Date
Gaathi
ind Ao Cle a docnwool sloping line

Food

Marginal Rate o SubeKhom (NRS) -

J19uankh ha

Amaunt eme gorol

Wh on_2demmedha A ane One o m m r l

h ecdsh ko Sacrpiccofer he CmuphmZ
moe / anchorOmmodky oln crease
censumpKon e unit/o com mcd ty Ae
should SaenperHe comsumphom anothen Comnodi'by

Diminiching_ MRS

AOhon emsump Hon (me cmmoity inc eases y

1 unit Saenpice he a t t cmmocl ky

hak demme lity hat
au uhihy r cve

slocoly odee reaes.

FntaJ. ood

Formula: A in como umphom e me& 00d

MRS
4in Comoumpkom andhen gooc

lwo po lar Cases

Perlect SubsKh es
hls maaM
boh Commad
Page N
 Date Saathi
Perlecy Comple manto
Let
This isL shapad Cune

Rgw

Ordiaal Uli binkon

Nu Cannoth meanured Numbers-
Ar

3 Carndinal Ukliy hne on

vdget Constraints
Jndcae all embinahma hwocemmoelLbes ashich a
Cmumun can nsuma Mo SperdAeeti_
o fotal mmay penol _uals Á_bal Memu

budge lin PP tle C

Cqy clotin
le Pdu unt aod
Pe Pri penurit atking

PageNo.
 Saathi

3/ T you au

Only chatfing2
coo uming

d
30
is O
D
Ta
Pe F
0 +PC
C
O
food
11/Pe)
Ja ralen como ume mmun'h
ma
me
cammoodly, we
haesaerpie Cmo
phom anatha
cmmoty
Theus buolget une s lmcwanol S / a p n g

Slope of udgene
AC
slepe SF Pe

Tis vatur
Valu emecu na ca me Ama
e lnve a any pein m C e

Page No.