Price Elasticity of Demand - Theory of Consumer Behaviour | Class 11 Economics

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Previous Video : Elasticity of Demand - Class 11th Economics kzbin.info/www/bejne/inO0n5-FnbWWn6s Next Video : Degree of Elasticities of Demand- Class 11th Economics kzbin.info/www/bejne/bHmTeJ2Jlpp_d68

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[@bpscupscaspirantsnehamaury2331]

Price elasticity (it refers to the percentage change in demand for a commodity with respect to the percentage change in price of a commditdity..

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[@SimplifiedWithSandeep]

In one question expenditure method : change in quantity demanded = - 30 change in price = 1

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[@jonah3365]

Exactly

[@SimplifiedWithSandeep]

@Rieshi 095 thanks

[@khushbouajmal6043]

Yess excatly And then change in quantity is -30 And elasticity of demand is 1.5 not -1.5

[@cricketparadise9951]

@@khushbouajmal6043 dear if we use minus sign with 30 so dont use with 1 so one minus sign remains there so answer is ok minus 1.5 but there is a mistake should plus thirty and minus 1.5

[@tawseeftaher9109]

12:20 price elasticity math

[@radhikakhurana9038]

price elasticity of demand - refers to the percentange change in demand for a commodity with respect to percentage change in any of the factor affecting demand for that commdity ✔️ it establishes a quantitative relationship between demand for a commodity and its price ,other factors remain constant

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Thank you for your physical explanation more than your verbal explanation.

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[@Chandrakeshkushwaha101]

The percentage change in demand for a commodity with respect to percentage change in price of a given commodity is called price elasticity of demand

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Thank you mam for best explanation

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[@CA....112]

Ma'am excuse me 25 min 46 sec pe jo ques solve kar rahe ho n aap waha pe change in price 1 hoga (P¹ =6 & P=5 Now, ∆P= P¹ - P = 6-5 = 1

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Excellent explanation👍

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[@jaweriaiftakhar2126]

A necessity of a commodity is more elastic or less elastic

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Superb expansion ma'am wow

[@charnjitkaur9466]

Define elasticity of demand

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🖐😎Hi ,, Thanks for the video..

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Best explaination❤️❤️❤️

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[@ahmadfayaz9211]

Mam actually expression has - sign and in problems v get - ve values and these - and - neutral

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Ap english ziada us krti hu apne lecture plz jo b word ha unko meaning hindi ma b bataya kro taky hum achi trha se smjh sky jese thank you very much

[@MsGurpreet55]

Hi. Can you please tell some examples of price elasticity of expectations

[@sonigupta4097]

Good mam

[@bindumadhaviofficial10M]

Nice explanation tomorrow is my economics application exam class 10 thank you

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Hello mam please correct the mistake that in percentage method there is initial subtract sign in front of fourmula

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Types of price elasticity ke bare me btao

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Going to 8 million

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[@aadvi9336]

Ma'am what does Elasticity means...?

[@vamshimarapaka2891]

Price elasticity of demand is usually refferd to as elasticity of demand.... 🙏

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Thanku so much

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Recommend any book for 1st year

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Malam which book do you prefer for class 11 for economics

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Principle of Economics(5th edition) by N.GREGORY MANKIV😶

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3:26

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Mam please btao isska second part kidar h????

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[@niharikayadav6477]

elasticity negagitive nhi hoga formalue me already ek - (negative sign) h to negative p ka - cancel ho jaega to last answer 1.25 hi hoga (example 1 ka ) forlumlae of price Elasticity of demand =(-)P/Q*change in Q/change in P this formulae is writteen in my book

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Yes I was also confuse in this

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yes

[@nawazrahimoon2922]

Mam ap quality ke place pa quantity or vice versa kar rhy hn❤

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[@prabhjotKaur-ur3su]

Mam book me formula k age bhi minus hai

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i m also not getting this , meri book me bhi same h to answer positive hi aata h but ma'am said diffrent thing

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[@sherlarik3296]

If the elasticity is greater than 1, is demand elastic or inelastic? If the elasticity equals zero, is demand perfectly elastic or perfectly inelastic?

[@safahayat3119]

1.25 solved kaise karna

[@nawazrahimoon2922]

Definition of economic Robbins and Adam Smith and alferd marshall pa lecture den

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If it is a giffen good....then???

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Please explain briefly 🥲

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What is monopoly

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Mam cross and income elasticity of demand lacture 🙏🙏🙏🙏🙏 please mam

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Mam cross /price elasticity of demand ak hi ha

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Yeh 1 se hi q dekh rhe elasticity of demand?

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Explain in telugu madam plz

[@KaushalKumar-mv5td]

Quantity Demand-30 hota

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aap bahot sundar ho

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Economic ka pdf hamko chahiye