Question
For a commodity, if $E _{ s }=1.4$ and $\frac{\Delta P }{ P }=0.6$, find the percentage change in quantity supplied.
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
Demand schedule for three consumers such as Mohan, Rohan and Mitu for a commodity is given below. Derive the market demand schedule.
| Price (₹) | Demand Schedule of Mohan (Units) | Demand Schedule of Rohan (Units) | Demand Schedule of Mitu (Units) |
| 1 | 60 | 55 | 24 |
| 2 | 50 | 40 | 13 |
| 3 | 40 | 25 | 5 |
| 4 | 30 | 10 | 0 |
| 5 | 20 | 0 | 0 |
|
Marks
|
0-10
|
10-20
|
20-30
|
30-40
|
40-50
|
50-60
|
60-70
|
|
No. of Students
|
4
|
8
|
14
|
20
|
20
|
15
|
6
|
|
|
X series
|
Y series
|
|
Number of item
|
15
|
15
|
|
Arithmetic Mean
|
25
|
18
|
|
Standerd Deviation
|
3.01
|
3.03
|
|
Marks
|
More than 0
|
More than 10
|
More than 20
|
More than 30
|
More than 40
|
More than 50
|
|
No. of students
|
50
|
42
|
38
|
28
|
16
|
3
|
| Q | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
| TC | 10 | 30 | 45 | 55 | 70 | 90 | 120 |
| Output (Units) | Price (₹) | Total Revenue (₹) | Marginal Revenue (₹) |
| 1 | 7 | - | - |
| 2 | 6 | - | - |
| 3 | 4 | - | - |
| 4 | 2 | - | - |