Chapter 87.1Economic Applications (87)ICSE · Class X · examination 2027
Topics
Demand and supply
Joint, derived and composite demand
Laws, schedules and curves
Determinants and exceptions
Elasticity
Price elasticity of demand and supply
Percentage method with simple numericals
Factors affecting elasticity
Learning objectives
Calculate price elasticity by the percentage method and interpret the result.
Labs for this chapter are on the way
We are building worlds, labs and stories for Demand and Supply: Basic Concepts. Meanwhile, practise its questions or explore the rest of Social Science.
