Question
The elasticity of demand measures the responsiveness of
the quantity demanded of goods to aÂSolution
Elasticity of demand is the responsiveness of the quantity demanded of a commodity to changes in one of the variables on which demand depends, in other words, it is the percentage change in quantity demanded divided by the percentage in one which the demand depends.
The Speed of the ship in calm water is five times the speed of the stream. If the ship can travel 's + 30' km downstream or 's - 10' km upstream in 5 ho...
The ratio of the speed of boats ‘A’ and ‘B’ in still water is 8:9, respectively. The speed of the current is 25% of the speed of boat ‘A’ in...
In still water, a boat can cover 30 km in 90 minutes. Speed of the stream is 20% of the speed of the boat in downstream. Find the time taken by the boat...
A boat can travel 45 km downstream in 50 min. The ratio of the speed of the boat in still water to the speed of the stream is 5: 4. How much time will t...
Speed of a boat in still water is 6 times more than the speed of stream. If boat covers 112 km in downstream in 8 hours, then find the time taken by the...
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If the sum of upstream and downstream speed is 30 km/hr and the speed of the current is 5 km/hr. Then find time taken to cover 40 km in downward?
Ratio of speed of boat in downstream and speed of stream is 5:3, if speed of current is 9 km/hr, then find distance travelled (in km) upstream in 8 hours.
A boat takes one-third time in moving a certain distance downstream than upstream. The ratio of the speed of the boat in still water and that of the cur...
A boat takes 9 hrs to travel 144 km downstream. The speed of the boat downstream is 2 times the speed of the boat upstream. What is the speed of the...
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