Market Demand Curve
Trending Questions
Q. Calculate price index number for 2016 of following data by weighted aggregative method using (a) Laspeyre's method, (b) Paasche's method, (c) Fisher's method.
| Commodity | Price (2012) |
Quantity (2012) |
Price (2016) |
Quantity (2016) |
| A | 4 | 20 | 6 | 10 |
| B | 3 | 15 | 5 | 23 |
| C | 2 | 25 | 3 | 15 |
| D | 5 | 10 | 4 | 15 |
Q. Calculate the index number for 2014 with 2013 as base from the following prices of the commodities by simple (unweighted) aggregative method.
| Commodity and unit | Price ( ₹) (2013) |
Price ( ₹) (2014) |
| Butter per kg | 20.00 | 22.00 |
| Milk per litre | 3.00 | 4.50 |
| Cheese per Tin | 18.00 | 19.80 |
| Bread per Kg | 2.00 | 3.80 |
| Eggs per Dozen | 4.00 | 4.50 |
Q. Derive market demand schedule of the individuals Rahul, Rohan and Rohit.
| Price (Rupees) | Demand of Rahul (Units) | Demand of Rohan (Units) | Demand of Rohit (Units) |
| 1 | 7 | 10 | 12 |
| 2 | 6 | 8 | 9 |
| 3 | 5 | 6 | 7 |
| 4 | 4 | 4 | 5 |
| 5 | 3 | 2 | 3 |
Q.
in a ecoonomy, increase in investment by 400crores, national income raise by 2000crores.find the mps
