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  • Question
  • If price of an article decreases from Rs 100 to Rs 80, when quantity demanded increases from Q1 units to 4600 units, and if point elasticity of demand is 0.75 find Q1?


  • Options
  • A. 5000 units
  • B. 4000 units
  • C. 3000 units
  • D. 2000 units

  • Correct Answer
  • 4000 units 

  • Tags: Bank Exams

    More questions

    • 1. Shanthi Swaroop Bhatnagar awards are given for

    • Options
    • A. exploring new dimensions in creative writing in Indian languages
    • B. outstanding contribution to science
    • C. creating mass awareness on environmental issues
    • D. excellence in film direction
    • Discuss
    • 2. Which UN body deals with population problem?

    • Options
    • A. UNFPA
    • B. UNDP
    • C. UNICEF
    • D. UNESCO
    • Discuss
    • 3. Made from a variety of materials, such as carbon, which inhibits the flow of current...?

    • Options
    • A. Choke
    • B. Inductor
    • C. Resistor
    • D. Capacitor
    • Discuss
    • 4. Sun Temple is situated at?

    • Options
    • A. Konark
    • B. Bangalore
    • C. Haridwar
    • D. Kerala
    • Discuss
    • 5. Who said the words, 'I disapprove of what you say, but I will defend to Death your right to say it'?

    • Options
    • A. George Bernard Shaw
    • B. Lenin
    • C. Voltaire
    • D. Mahatma Gandhi
    • Discuss
    • 6. How many bits is a byte?

    • Options
    • A. 4
    • B. 8
    • C. 16
    • D. 32
    • Discuss
    • 7. ARPANET, the precursor to the Internet, was developed by:

    • Options
    • A. FAA
    • B. Department of Defence
    • C. NATO
    • D. UART
    • Discuss
    • 8. One fathom is equal to

    • Options
    • A. 6 feet
    • B. 6 meters
    • C. 60 feet
    • D. 100 cm
    • Discuss
    • 9. The shape of earth is

    • Options
    • A. sphere
    • B. oblate spheroid
    • C. circular
    • D. spheroid
    • Discuss
    • 10. The study of soils is called

    • Options
    • A. geomorphology
    • B. pedology
    • C. hydrology
    • D. biogeography
    • Discuss


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