Chapter 2.5 - Determinants of Price Elasticity of Demand, Income Elasticity CA Foundation. Economics

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  • Опубліковано 4 гру 2024

КОМЕНТАРІ • 84

  • @pixysona7824
    @pixysona7824 3 роки тому +3

    Love you mam apko pta nhi apne kitna achha kaam kiya h hum jaise student ke liye free mein youtube pr video uploaded krke vo bhi itne achhe se sab khuch samjha kr kiya h hamari dua lagegi mam apko thank you so much mam🙏❤️🙏

  • @shrishtyagarwal8362
    @shrishtyagarwal8362 5 років тому +23

    If you want me to make a separate video for MCQs , let me know ! Happy learning 😊

    • @jayeshpatil824
      @jayeshpatil824 4 роки тому +2

      yes

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      @@rohitvishvakarma2730 hello ! How are your preparations going on ? Will sooner make a separate video on MCQs

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      @@jayeshpatil824 hello ! How are your preparations going on ?
      I Will sooner make a separate video on MCQs 👍👍

    • @vikramswami9071
      @vikramswami9071 4 роки тому +1

      Miss please if you can make unit wise revision videos

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому +1

      @@vikramswami9071 Yess I will make . You can watch Revision videos for : Chapter 1, 5 and unit 2 of chapter 2 .

  • @educationtechguru2217
    @educationtechguru2217 3 роки тому +1

    Yes we want

  • @deepankarbansal4489
    @deepankarbansal4489 2 роки тому

    Respect💕

  • @premsinghbohora1124
    @premsinghbohora1124 8 місяців тому

    TQ mam

  • @127lucky
    @127lucky 3 роки тому

    Thanks Unicom ❤️

  • @satyamsinha297
    @satyamsinha297 4 роки тому +1

    Thank you mam

  • @prerna_panchal
    @prerna_panchal 3 роки тому +1

    Thanku ma'am for the detailed explanation 🥺🙏

  • @girijakhanna9798
    @girijakhanna9798 4 роки тому +1

    Mam ur explanation is vry good😍

  • @dhanpatiaggarwal1497
    @dhanpatiaggarwal1497 4 роки тому +1

    Thanku so much mam for your efforts for us

  • @kantagarodia2192
    @kantagarodia2192 5 років тому +2

    Easy language
    Easy to understand
    Ty mam

  • @pulkitnagpal03
    @pulkitnagpal03 4 роки тому +2

    At 25:38, there should be -5(new-original quantity)???

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому +1

      Yes apko only absolute value leni hai, you need to ignore the negative sign @Pulkit Nagpal
      Please solve question number 22 of your module using arc Method and it will be clear to you 👍Also watch this video 👉

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому +1

      Watch this 👉ua-cam.com/video/tVdn8KqIWvY/v-deo.html
      @Pulkit Nagpal

    • @pulkitnagpal03
      @pulkitnagpal03 4 роки тому +1

      But if we consider +5 then old price(x) will be differ

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому +1

      @@pulkitnagpal03 you solve the question please by both ways, take +5 once & then -5, both will give you same answer. I just checked by solving in both ways. Remember, if you are taking +5 then change in P will be x-10/x and not 10-x/x

    • @pulkitnagpal03
      @pulkitnagpal03 4 роки тому +1

      Conclusion:In "change" we consider
      -ve value also but for elasticity always consider +ve

  • @aleenamary7069
    @aleenamary7069 4 роки тому +2

    Mam your teaching is amazing.

  • @bihirangfaptura8389
    @bihirangfaptura8389 3 роки тому +1

    Amazinggg... Thank you soo much ma'am ❤️ Ur way of teaching is truly osm✨

  • @vk-hm5tw
    @vk-hm5tw 2 роки тому

    Mem questions me aeisa kaha likha he ki arc method se solve kijiye?

    • @UNICOMeducation
      @UNICOMeducation  2 роки тому

      See question no. 22 and 23 in module on page no. 2.87 bracket mei clearly likha hai Use Arch Method

  • @rishabhvaish480
    @rishabhvaish480 4 роки тому

    Yes ma'am please make a separate vedio for our revision & practice of MCQ

  • @gauravverma7819
    @gauravverma7819 2 роки тому

    Mam q no. 2 kese calculate hua

  • @aleenamary7069
    @aleenamary7069 4 роки тому +2

    Mam answer of question 88 of module is negative. When we find elasticity by using point elasticity method whether we have to consider negative sign of the equation of point elasticity method?

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      Please watch this video 👉
      ua-cam.com/video/tVdn8KqIWvY/v-deo.html
      Whenever coefficient of price elasticity is asked , you have to consider the +/ - sign in your answer . @Aleena Mary

    • @aleenamary7069
      @aleenamary7069 4 роки тому +2

      @@shrishtyagarwal8362 thanku mam.

  • @pinkirani6620
    @pinkirani6620 2 роки тому

    Mam,I don't understand why will use arc method of elasticity to solve the que ..Price elasticity se v to hum ques solve kr skte h..

    • @UNICOMeducation
      @UNICOMeducation  2 роки тому +1

      If nothing is mentioned about the method to be used in question, use % method, if ans comes it's good, if ans doesn't come then use Arc method.
      And if question directly mentions use Arc method, then directly use Arc method

    • @pinkirani6620
      @pinkirani6620 2 роки тому

      Okay mam...Thank you♥️

  • @sakshiverma5775
    @sakshiverma5775 2 роки тому

    Ma'am in determinats of price
    In (8th point) PRICE RANGE : it says very high priced goods have inelastic demand
    But ma'am luxury goods ki demand to elastic hoti haii

    • @sakshiverma5775
      @sakshiverma5775 2 роки тому

      Please explain why..

    • @UNICOMeducation
      @UNICOMeducation  2 роки тому

      How can you say that Luxury goods have elastic demand ?

    • @sakshiverma5775
      @sakshiverma5775 2 роки тому

      @@UNICOMeducation 🤔 yes ma'am luxury goods have inelastic demand
      Sorry I might have got confused somewhere.
      Thank you ❤

  • @mohammadsaad3700
    @mohammadsaad3700 2 роки тому

    I conclude one thing that
    Answers of factor affecting question is
    either *ELASTIC* or *INELASTIC*
    BECAUSE
    (1) perfectly elastic/ inelastic, unitary elastic hypothetical
    (2) more/high elastic = *elastic*
    (3) less/low elastic = *inelastic*
    correct me if I am wrong
    ❤️❤️❤️THANK YOU, MA'AM❤️❤️❤️

  • @PriyankaJain-ef4mg
    @PriyankaJain-ef4mg 4 роки тому +1

    In 17.33 minutes mam you said E1>0 is the example of bajra but according to ICAI study material E1

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      I think you are mistaken @Priyanka Jain , even in table I have written bajra Ei

  • @girijakhanna9798
    @girijakhanna9798 4 роки тому +1

    Mam will u be starting new series for nov. 2020?

    • @UNICOMeducation
      @UNICOMeducation  4 роки тому +1

      @Girija Khanna
      Kindly watch these videos for Nov 2020 exam , these are updated and there has been no change in your Economics syllabus , so you can study from these videos without any issues . All the best , incase you have any doubts - can send me on instagram @lifecoachshrishtyagarwal or on unicom whatsapp . 😊👍

    • @girijakhanna9798
      @girijakhanna9798 4 роки тому +2

      @@UNICOMeducation thnk u so much

  • @pulkitnagpal03
    @pulkitnagpal03 4 роки тому +3

    Mam in change of any quantity or whether price.. Do we have to take only positive change(magnitude only) neglecting the conventions?

  • @preksha__
    @preksha__ 4 роки тому +2

    Is Salt perfectly inelastic or less elastic

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      @p -anonymous perfect inelasticity

    • @tushardhingra29
      @tushardhingra29 4 роки тому +3

      Both elastic bcz it has brand substitute
      Inelastic bcz it has no goods substitute

  • @souravkumarray8155
    @souravkumarray8155 4 роки тому +3

    Mam in question no 2 how can the original price be Rs 15 if original price were to be Rs15 and new price is Rs 10 which means there is a fall in price so accordingly quantity demanded should increase but quantity falls from 20 to 15 which means the original price should be less than new price then only demand will fall actually on solving the value of X or original price is approx Rs 6.67.

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      Hello @SOURAV KUMAR RAY Kisi bhi method {arc / % } se aap solve kar lijiye apka answer 15 hi aaega , and it is not necessary always that because of price fall- qty demanded should rise , there can be exceptions to law of demand . I hope I m clear

    • @souravkumarray8155
      @souravkumarray8155 4 роки тому +1

      @@shrishtyagarwal8362 yes there are exceptions to law of demand, bt we will get 15 only when we will consider sign that is minus sign in case of change , if we will take into account sign then the answer 15 comes out which is correct, exceptions to law of demand may be in case of conspicuous consumption, giffen goods, speculation scenario.

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому +1

      @@souravkumarray8155 yes . So I hope it is clear now

  • @syedarhamali8175
    @syedarhamali8175 4 роки тому +2

    mam please make a separate video on mcq of module back questions of all chapters thank u..
    by the way your teaching is amazing.....
    Once again thank u so much Mam

  • @gauravjain6623
    @gauravjain6623 3 роки тому

    In 1st question where write that we have to find price elasticity by arc method and also not given average

  • @janvik4412
    @janvik4412 4 роки тому

    Please let me know how can question no 2 be calculated?

  • @sonalshawarn23
    @sonalshawarn23 4 роки тому +3

    Ma'am printer and ink toh complementary goods h jinme negative relation hota h..to iske according to ye elastic dd hua n???

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      Aap kis question ki baat kar rahi hain @Sonal Shawarn . Yes these are complementary goods & have a negative cross elasticity.

  • @vinishadsouza8315
    @vinishadsouza8315 4 роки тому +2

    Mam in Exam will they tell us which method to use to solve the price elasticity questions?

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      @Vinisha D'souza :-
      Good question I must say . Whenever mentioned specifically you need to go by the method mentioned, otherwise always use PERCENTAGE METHOD. Refer Q. NO. 22,23,25 in your module , as they have mentioned specifically so you are required to answer using ARC Method👍
      Hope your doubt is CLEAR 👍😊

    • @vinishadsouza8315
      @vinishadsouza8315 4 роки тому +1

      @@shrishtyagarwal8362 Thank u mam😊

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому

      @@vinishadsouza8315 Good luck 👍👍

  • @bhartidevi3386
    @bhartidevi3386 4 роки тому

    Ma'am have confusion in module's Q.no 77 ...... Plzz answer me with reason

  • @MitranchiDuniyadari
    @MitranchiDuniyadari 2 роки тому

    Hi Mam
    I want to ask one doubt in elasticity of demand hame kaise jaldi pata chalega ki kisi bhi goods ki kya elasticity hai..? Means
    For e.g
    Exam me question aya
    What is elasticity of milk?
    Or
    what elasticity of tv?
    To kaise identify kare jaldi se jaldi
    Plz guide me mam
    Any trick to identify it fastly🤔

    • @UNICOMeducation
      @UNICOMeducation  2 роки тому

      I will make a short on this 👍

    • @MitranchiDuniyadari
      @MitranchiDuniyadari 2 роки тому

      @@UNICOMeducation thankyou mam very much thankyou for replying i whatsapp on that number same question but its showimg the number is closed

  • @shranjanjain4570
    @shranjanjain4570 4 роки тому +1

    Mam, in the very first question since it is not mentioned about the method to be followed, i solved it with percentage method and the answer is coming to be 0.5. Is this the reason why you solved it with arc method ?

    • @shranjanjain4570
      @shranjanjain4570 4 роки тому

      In the second question also you applied arc method even though it was not mentioned and since i did solved with the help of percentage method, answer was coming 7.34

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому +1

      @@shranjanjain4570 yes both your answers using %method are correct , but I solved using arc method because no option was matching if I used % method. In exam either you will be mentioned "method name" OR if nothing will be mentioned you will have to use % method .

    • @shrishtyagarwal8362
      @shrishtyagarwal8362 4 роки тому +1

      @@shranjanjain4570 Also Please watch this video 👉
      ua-cam.com/video/tVdn8KqIWvY/v-deo.html
      Whenever coefficient of price elasticity is asked , you have to consider the +/ - sign in your answer

    • @shranjanjain4570
      @shranjanjain4570 4 роки тому +1

      shrishty agarwal Okay ma’am. Thank you so much

  • @tanya9148
    @tanya9148 4 роки тому

    Mam 2nd numerical solve krke dikha dijiye mam mera answer nhi aa rha 15 please mam help me

    • @pulkitnagpal03
      @pulkitnagpal03 4 роки тому

      There should be (15-20) i.e change in quantity (-5)

  • @ik-ge3mo
    @ik-ge3mo 3 роки тому

    Thank you❤ mam