Time : 09 to 10 am ECONOMICS

(Goods)  (Luxury Goods)

100%
 Types of Goods :-
Apple mobile.
(1) (Complimentry goods)
 (Inferior Goods)
100%
 (Giffen Goods)
Car Petrol

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(2) (Substitute Good)

 Elasticity
value

Ex : Jio-Airtel
D
e
P

Q. 3%
12%

D 12
e   4%
DP 3
(1)
(3) (Compulsary Good)

e = 0.
 Y-asis
Ex : -
(2)
e=1

Mob. : 8877918018, 8757354880 7. [By - Khan SIR ]

 
Cross

D2  D1
D  D1
e
cross  2
P2  P1
P2  P1
0
e 0
15 Q.

(3)

90  100 10

e 1 e 
D Ans. e Cross  90  100  190  10  30  3  0.156
P 20  10 10 190 10 19
20  10 30
(4)
e 
X-

Note :
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
Remark :



Mob. : 8877918018, 8757354880 8. [By - Khan SIR ]