Question
When the price of a commodity decreases, and its demand
curve forms a rectangular hyperbola, what happens to the total expenditure on that commodity?Solution
This is because when the demand curve is a rectangular hyperbola, the price elasticity of demand is equal to one (unit elastic). Therefore, a decrease in price is exactly offset by an increase in quantity demanded, leaving total expenditure unchanged.
The ‘Tripartite struggle’ was between Gurjara Pratiharas in North India, Palas in Eastern India and ________ in South India.
What is the height of the badminton net?
Which Indian authority has imposed a penalty on Google?
On the occasion of ‘International Teachers' Day’, how many teachers got awarded by the President Ram Nath Kovind?
Which of the following initiatives for the MSME sector was launched before 2020?
An imaginary line passing through the center of the spherical mirror or the center of the lens or the center of curvature is called ______________.
Which Governor-General of British India helped Raja Ram Mohan Roy legally abolish the sati practice?
India's average exponential growth rate (population) for the period 2001-2011 was ______% per annum.
Match the following in the context of land categories under the Chola dynasty.
Which statement is correct about “The House Price Index (HPI) “report?
i. This report is published by the Reserve ba...
