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CHAPTER 2

DEMAND
ANALYSIS
NUMERICAL 1
The demand equation for Sugar is given as Qds = 200 –
5Pd and the price of sugar is below table:

Price of Sugar (Rs.) Quantity of Demand (Kg)


5
10
15
20
Questions:
1. Calculate the quantity of demand for sugar at given
prices.
2. With the help of the demand schedule draw a
demand curve
NUMERICAL 2
The demand equation for Sugar is given as Qdw = 100 –
5pw and the price of sugar is below table:

Price of Sugar (Rs.) Quantity of Demand (Kg)


2
4
6
8
Questions:
1. Calculate the quantity of demand for sugar at given
prices.
2. With the help of the demand schedule draw a
demand curve
NUMERICAL 3
The demand equation for Sugar is given as Qda = 200 –
10pa and the price of sugar is below table:

Price of Sugar (Rs.) Quantity of Demand (Kg)


3
5
7
9
Questions:
1. Calculate the quantity of demand for sugar at given
prices.
2. With the help of the demand schedule draw a
demand curve
NUMERICALS – HOMEWORK
1. Construct a demand schedule & demand curve from
the following:
The demand function for pen is Qa = 10,000 – 0.4p
Assume the prices to be Rs. 100, Rs. 200, Rs. 300, Rs.
400 & Rs. 500.

2. The demand function for mobile per day is estimated


to be Dm = 1000 – 0.2p. If the price us Rs. 1000, how
many mobiles will be demanded per day?
If the price rises to Rs. 2000, Rs. 3000 and Rs. 4000,
construct the demand schedule & the demand curve.
NUMERICALS – HOMEWORK
3. Three consumers A, B & C demand commodity x as
per the following demand function. Assume the price of
commodity x is Rs. 50 per unit.
A`s demand function: Qx = 200 – 0.4p
B`s demand function: Qx = 400 – 0.2p
C`s demand function: Qx = 500 – 0.1p
Estimate the market demand.
NUMERICALS – HOMEWORK
4. Consider the following demand function Qx = 300 –
0.2px. Calculate Qx if price Rs. 50, Rs. 100 and calculate
the price at which Qx will be zero.

5. The demand function is given as Qa = 300 – 0.5pa +


0.3y. Calculate Qa for the following values of p & y.
p = Rs. 40, R.s 80, Rs. 120, Rs. 200
y = Rs. 1000, Rs. 2000, Rs. 3000, Rs. 4000
NUMERICALS – HOMEWORK
6. If Qx = 500 – 3p & p = Rs. 100 and Rs. 150. Calculate
Qx

7. If Qx = 1000 – 2p & p = Rs. 200 and Rs. 400. Calculate


Qx. What should be the price if Qx has to be zero?

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