Question
The price elasticity of demand for good X is –0.5. Due
to supply constraints, the price of the good rises by 10%. Based on the elasticity relationship, what will most likely happen to the quantity demanded?Solution
Elasticity = % change quantity / % change in price or % change quantity = Elasticity x % change in price = -0.5 x 10% = -5% or 5% decrease
Covered smut of barley is caused by-
In the Universal Soil Loss Equation, the soil erodibility factor K is_?
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What is the top portion of the turned furrow slice called?
Under which ministry does the Cotton Corporation of India (CCI) operate?
According to CRIDA, the depth of deep tillage is ____
What principle ensures that extension activities aim for the satisfaction of the farmers and their families?
Which state has the highest share of Cotton production in terms of area?
Which nutrient helps in preventing Microcytic Anaemia?
Diploid Chromosome number of kabuli gram is
