Correlation — Economics STD 11 Commerce — Question

Which average would be suitable in the following cases?
In case of open-ended frequency distribution.

What is meant by an economy?

Which part of statistical table briefly explains the figures entered in the columns?

What happens to the demand for a complementary good of a commodity when the price of the commodity rises?

When is demand elastic?

If the demand for Good-Y increases as price of another Good-X rises, how are the two goods related?

Write the names of main parts of a table.

State the meaning of qualitative classification.

Ayaan wants to collect information from respondents residing in Gujarat, Maharashtra and Madhya Pradesh. Name any two methods of data collection which can be used by him effectively.

What change in supply takes place when price remains constant at ₹ 10 per unit, the supply increases from 25 units to 40 units?