# CBSE Class 11 Micro Economics Price Elasticity of Demand Worksheet

Download printable Economics Class 11 Worksheets in pdf format, CBSE Class 11 Micro Economics Price Elasticity of Demand Worksheet has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Economics Class 11 Assignments and practice them daily to get better marks in tests and exams for Grade 11. Free chapter wise worksheets with answers have been designed by Standard 11 teachers as per latest examination pattern

MICRO ECONOMICS
PRICE ELASTICITY OF DEMAND

1. A consumer buys 1000 units of a good at a price of ₹120 per unit. When the price falls he buys 1400 units. If price elasticity is (-) 2, what is the new price?

2. The quantity demanded of a commodity falls by 5 units when its price rises by ₹1 per unit. Its price elasticity of demand is (--) 1.5 Calculate the price before the change if at this price quantity demanded was 60 units.

3. Calculate price elasticity of demand by percentage method.

Price       per unit Demand
₹ 10        0 units
₹ 9          10 units

4. A consumer buys 10 units of a commodity at the price of ₹ 5 per unit. The price elasticity of demand for this good is -2. Price falls to ₹ 4 per unit. How much of this commodity will he buy now at this price?

5. A household buys 30 units of a commodity when its price is ₹5 per unit. The quantity demanded falls to 25 units when the price rises to ₹6 per unit. How much is price elasticity of demand.

6. Price elasticity of demand for a good is –0.75. When its price falls by ₹1 per unit its quantity demanded rises by 4 units. Calculate quantity demanded if the price before the change was ₹12 per unit.

7. At a price ₹ 20 per unit, the quantity demanded for a commodity is 300 units. If price falls by 10%, quantity demanded rises by 60 units. Calculate price elasticity of demand.

8. Price elasticity of demand for a good is (--) 0.5. Its quantity demanded falls by 5 units when its price rises by ₹1 per unit. Calculate quantity demanded if price before the change is ₹5 per unit.

9. A consumer spends ₹90 on a good when its price is ₹9 per unit. When price falls to ₹6 per unit, he spends ₹120 per unit. Calculate price elasticity by percentage method.

10. A consumer spends ₹70 on a good when its price is ₹5 per unit. When the price falls to ₹4 per unit, he spends₹84. Calculate the price elasticity by percentage method.

11. At a price of ₹50 per unit, the quantity demanded of a commodity is 1000units. When its price falls by 10 percent, its quantity demanded rises to 1080 units. Calculate price elasticity of demand. Is its demand inelastic? Give reason.

12. As a result of a fall in the price of a commodity form ₹7/- per kg to ₹5 per kg. The total expenditure on it increases from ₹3500/- to ₹6250. Calculate price elasticity of demand.

13. A consumer spends ₹80/- on a commodity when its price is ₹1/-per unit and spends ₹96 when its price is ₹2/- per unit. What is the price elasticity of demand for the commodity?

## Tags:

Click for more Economics Study Material
 CBSE Class 11 Economics Indian Economy Worksheet CBSE Class 11 Economics Worksheet Set D Solved CBSE Class 11 Economics On Rural Development Worksheet CBSE Class 11 Economics Comparative Development Experience Worksheet CBSE Class 11 Economics Statistics For Economics Worksheet CBSE Class 11 Economics On Employment Worksheet CBSE Class 11 Economics Worksheet Set K Solved CBSE Class 11 Economics Production Function Worksheet CBSE Class 11 Economics Introduction to Microeconomics Worksheet CBSE Class 11 Economics Worksheet Set E Solved CBSE Class 11 Economics Organisation of Data Worksheet Set A CBSE Class 11 Economics Demand Analysis Worksheet Set A CBSE Class 11 Economics Theory of Firm Under Perfect Competition Worksheet CBSE Class 11 Economics On Human Capital Formation Worksheet CBSE Class 11 Economics Worksheet Set L Solved CBSE Class 11 Economics Production Possibility Curve Worksheet CBSE Class 11 Economics Introduction Worksheet Set A CBSE Class 11 Economics Worksheet Set F Solved CBSE Class 11 Micro Economics Price Elasticity of Demand Worksheet CBSE Class 11 Economics Organisation of Data Worksheet Set B CBSE Class 11 Economics Elasticity of Demand Worksheet CBSE Class 11 Economics Utility Analysis Worksheet CBSE Class 11 Economics On Median And Quartiles Worksheet CBSE Class 11 Micro Economics Consumer Behaviour And Demand Analysis Worksheet CBSE Class 11 Economics Arithmetic Mean And Weighted Mean Worksheet CBSE Class 11 Economics Statics For Economics Worksheet Set A CBSE Class 11 Economics Introduction Worksheet CBSE Class 11 Economics Worksheet Set G Solved CBSE Class 11 Micro Economics Theory of Demand Worksheet CBSE Class 11 Economics Organisation of Data Worksheet Set C CBSE Class 11 Economics Indefference Curve Analysis Worksheet CBSE Class 11 Economics Worksheet Set A Solved CBSE Class 11 Economics On Poverty Worksheet CBSE Class 11 Micro Economics Consumer Behaviour And Demand Indifference Analysis Worksheet Set A CBSE Class 11 Economics Collection of Data Worksheet Set A CBSE Class 11 Economics Statics For Economics Worksheet Set B CBSE Class 11 Economics Market Equilibrium Worksheet CBSE Class 11 Economics Worksheet Set H Solved CBSE Class 11 Micro Economics Consumer Behaviour And Demand Utility Analysis Worksheet CBSE Class 11 Economics Organisation of Data Worksheet Set D CBSE Class 11 Economics Index Number Worksheet CBSE Class 11 Economics Worksheet Set B Solved CBSE Class 11 Economics On Presentation of Data Worksheet CBSE Class 11 Micro Economics Indifference Curve Analysis Worksheet CBSE Class 11 Economics Collection of Data Worksheet Set B CBSE Class 11 Economics Statics For Economics Worksheet Set C CBSE Class 11 Economics Median And Quartiles Worksheet CBSE Class 11 Economics Worksheet Set I Solved CBSE Class 11 Economics Presentation of data Worksheet CBSE Class 11 Economics Indian Economy On The Eve Of Independence Worksheet CBSE Class 11 Economics Worksheet Set C Solved CBSE Class 11 Economics On Range and Quartile Deviation Worksheet CBSE Class 11 Micro Economics Introduction Worksheet CBSE Class 11 Economics Collection of Data Worksheet Set C CBSE Class 11 Economics Statics Introduction Worksheet CBSE Class 11 Economics Non Competitive Market Worksheet CBSE Class 11 Economics Worksheet Set J Solved CBSE Class 11 Economics Production And Cost Worksheet

## Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

### Score well in Class 12 English Boards Exam

12th Board exams are an important part of students' lives. The marks obtained in the board exam decide the college in which one can study. In class 12 the syllabus of each and every subject increases vastly and it is difficult to cover up every point. In English also...

### CBSE Board Examination Scheme of Assessment 2021 2022

A. Academic session to be divided into 2 Terms with approximately 50% syllabus in each term: The syllabus for the Academic session 2021-22 will be divided into 2 terms by following a systematic approach by looking into the interconnectivity of concepts and topics by...

### MCQ Question based CBSE examination

For 2021-22 CBSE has launched MCQ question-based examination for Term 1 & Term 2 board examinations. The entire syllabus has been divided into two parts each including 50% of the entire syllabus. To score well, students must practice as per the new CBSE term-wise...

### CBSE Class 10 Revised Syllabus

Last year CBSE had to reduce the syllabus because of the pandemic situation but it was not very effective because there were no examinations. This year to avoid any confusion and conflict, CBSE has decided to reduce the syllabus into term 1 and term 2. 50 percent of...

### How To Solve Unseen Passages In English

Unseen passages may contain one or many paragraphs. This is one of the important yet easy parts for a student to get marks. Students should thoroughly study and understand the passage to answer the related questions. The unseen passages are there just to test the...

### Moderation of Marks Class 11 and 12 Board Exams

The portal for moderation and finalization of results for Class-12 is being opened from 16.07.2021 to 22.07.2021. As Board has to declare the result latest by 31.07.2021, schools have been requested to follow the schedule strictly and complete the moderation within...

×