Demand for school uniform is…………
(a) relatively elastic
(b) relatively inelastic
(c) perfectly elastic
(d) none of the above
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In a senior secondary school,80 students play football or hockey.The number that play football is 5 more than twice the number that play hockey.If 15 students play both games and every student in the school plays at least one game,find (i)the number of students that play football (ii)the number of students that play football but not hockey (iii)the number of students that play hockey but not football.
I thought F or H = 80 is giving by n(F u H) = n(F) + n(H) - n(F n H)
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In a school all the students weared uniform, from this we observe …………….
Correct option is A) mode
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Define or explain the following concept: Elastic Demand
Elastic demand for a good implies that the demand for a good is highly responsive to its price. In this case, the percentage change in demand is greater than the...
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Give reason or explain the following statement: Demand for commodity having multiple uses has elastic demand.
A commodity that can be used for different purposes (such as milk) will have an elastic demand. This is because if the price of this commodity increases, it will be...
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If a and b are relatively prime then what is their HCF?
If two numbers are relatively prime then their greatest common factor will be 1. Thus, HCF (a, b) = 1.
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If a and b are relatively prime, what is their LCM?
If two numbers are relatively prime then their greatest common factor will be 1. ∴ HCF (a,b) = 1 Using the formula, Product of two numbers = HCF × LCM we conclude that, a...
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The school management is decided to connect computers in your HSS lab and high school lab located adjacent buildings.
Local Area Network
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Assertion (A) Degree of Price Elasticity is less than one in case of relatively inelastic demand.
Correct option: (i) (A) is true but (R) is false.
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Demand curve in case of Monopolistic competition is more elestic as compared to demand curve under Monopoly due to
Correct Answer - C C.
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