# when the elasticity of demand for a commodity is very low it shows that the product

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## When the price elasticity of demand is low, the demand curve will be .

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## When the price elasticity of demand is low, the demand curve will be _______.

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## A demand curve for a product with low elasticity appears to be steeper, because the quantity demanded doesn't change much, even if prices do. Products with low price elasticity are described as being inelastic.

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## If elasticity of demand is very low it shows that the commodity is

If elasticity of demand is very low it shows that the commodity is

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If elasticity of demand is ve...

If elasticity of demand is very low it shows that the commodity is

Updated On: 27-06-2022

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का आलेख दर्शाता हो, तो105881816 29 1.8 K 3:40 यदि चित्र, बहुपद f(x)=a x 2 +bx+c f(x)=ax2+bx+c

का आलेख दर्शाता है , तो105881815 43 8.5 K 3:18 यदि चित्र बहुपद f(x)=a x 2 +bx+c f(x)=ax2+bx+c

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After adding 40% profit on its manufacturing cost a seller decided to sell his product for Rs 700. As selling of products was very low he decided to sell products at the profit of 10% . Find its new S.P. ?

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यदि अमोनिया को गर्म किए हुए

Cu Cu

पर प्रवाहित किया जाता है, तो प्राप्त होता है-

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## If elasticity of demand is very low it shows that the

If elasticity of demand is very low, it shows that the commodity is a) A necessity b) A luxury c) Has little importance in total budget d) a' and 'c' above

Examveda

## If elasticity of demand is very low, it shows that the commodity is

A. A necessity B. A luxury

C. Has little importance in total budget

D. a' and 'c' above

**Answer: Option D**

### Solution(By Examveda Team)

If elasticity of demand is very low, it shows that the commodity is necessity and has little importance in total budget.

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