Elasticity of Demand class 11 | Factors affecting elasticity | MICROECONOMICS CHAPTER 4 Part 3

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Sir u r so intelligent coz intelligent ppl make the difficult topic easy..😍thanks sir

[@gaurav7792]

5.57 for factors affecting elasticity of demand (Thank me later)

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6:29 starts factors affecting elasticity of demand

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Geometric method figure me a,s,e,t,b ke jagah a.b.e,c,d lesaktey hai kya?🤔

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Thnx alot 🙏🏻

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Sir is it correct that when price of luxury items decrease its demand decrease ..?

[@pragyaaaaaa____]

Yes

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[@namrataupadhyay1057]

sir bt 1 doubt in
complementary goods....why elasticity is less thn 1??

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agar bat le ri ho to ball bi logi ..
bina uske cricket ni ho paega

[@abhi16indian93]

Namrata Upadhyay yes right
in complimentry goods , if price will increase there they will not affcted due to price fluctuation......
that may be near about 0 but that will be +ve

[@alishajain3687]

Hii namrata
I will give u the answer of this question .
Assume that there are 2goods like car and petrol , if there is increase in prices of car then it will not increase the demand of petrol becoz consumption of both the goods will be costlier but some people will buy these products becoz of their increased income so that's why it has less elastic demand

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You are in which board?
Cbse or state board?

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Sir habituated goods me " elasticity=0 " hone chahiye n?...

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😂😂😂

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This vary useful for for me

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happens, preparing now? :P

[@AnkitKumar-kd8rc]

Sir what will be the elasticity of demand at each point if the demand curve is not linear ??

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Sir thnx fr clearing my all doubts😊

[@shrutikukreti8861]

Sir complementary goods toh saath m Millar ek particular want satisfy karte h naa.. Toh ye less elasticity m kyun aaya. Because Agar complimentary good ka price badega toh given good ki demand par bhi toh bohot fall hoga

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[@Ruku27]

sir, you did showed the derivation of the formula of geometric method of calculating price elasticity. is it not important or it is not going to come in the boards. is it like that?

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yup ...not important

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bu it is very inportant in PGT economics exams .

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Thanks sir u help me a lot ☺👏👏

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Best way of understanding the concepts to us

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Finally understood demand and all the other chapters because of you sir

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Sir complementary good ki elasticity less than 1 ???

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less than zero

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Respect from NEPAL 😊👏🙏

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[@adityasingh8585]

Sir complimentary goods me change aane se elasticity equal to 1 honi chaiye na ??🤔

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THANK YOU FOR ALL OF YOUR VIDEOS!

[@abhishekkumar-qd7bs]

Sir could you define when the elasticity = infinity( i.e. where the price is fixed and there is increase/decrease in quantity demanded ), kindly explain through a commodity example.

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thank you so much... your videos more helpful for me to teach my students...

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Sir this method is not in syllabus na????

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Doing a great job ,thanks sir!

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sir geometric method 2017-18 mai hai ki nhi ??? plz tell

[@saradha3441]

sir in exam wil they ask the elasticity for each one of the chaps or are u jus using this fr explanation

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Nice lecture

[@anuragrana7359]

Sir, can we say that time period and postponent of demand are somewhat related to each other?

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At point S it is supposed to be SB\SA not SB\AB, just for clarification, innocent mistake

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Contact 7690041256

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Factors effecting elasticity suppy ???

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[@gooddeeds9188]

Sir when only a small portion of a consumer's income spent on a good then what will happen to price elasticity and why?

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Nice explanation 😘😘 sir

[@parthureddy5166]

sir u have said the the degree of measure of quantity demanded with due to change in price,but while explaining the factors effecting the elasticity ,complimentary and substitutes u just said elasticity according to the relation ,how it is possible