We are building EduLadder(ELADR) - Protocol

The Eladr Protocol is a decentralized, security and efficiency enhanced Web3 noSQL database powered by IPFS as the data storage layer https://ipfs.io/, and the Cardano block chain as the rewards token platform, https://cardano.org/. It provides a JSON based, IPFS layer 2 solution for data indexing and retrieval in an 'append only' file system built with open source Node.js API libraries.

The ELADR token was designed to incentivize and reward community members as a proof of contribution. Token holders are also granted access to EduLadder.com premium features as well as associated ELADR token enabled apps.

WHITE PAPER Buy Now

Real Problems! Real Experts!

Join Our Telegram Channel !


The Eduladder is a community of students, teachers, and programmers. We help you to solve your academic and programming questions fast.
In eduladder you can Ask,Answer,Listen,Earn and Download Questions and Question papers.
Watch related videos of your favorite subject.
Connect with students from different parts of the world.
Apply or Post Jobs, Courses ,Internships and Volunteering opportunity. For FREE
See Our team
Wondering how we keep quality?
Got unsolved questions? Ask Questions
ELADR beta version launched

We launched Anonymous immutable internet on eladr protocol

For any question or query please joinOur Telegram Channel !


Try BETA
Youtube Videohttps://www.youtube.com/watch?v=ySLPZu3Jxro

Our Github Repo
FrontEnd BackEnd

We are looking for some great and cool people to work with us. Please sent your resume to admin@eduladder.com

CBSE-Class-12-Economics-2016-->View question


Asked On2017-07-19 13:49:30 by:Aparna-Dasgupta

Taged users:


Likes:
Be first to like this question

Dislikes:
Be first to dislike this question
Talk about this  Like  Dislike
View all questions
Answers
Effect of change in price of related goods:
i. Demand for a commodity in relation to price of the substitute good When the price of one good falls, it becomes cheaper in relation to another good. As a result, one good is substituted for the other good such as coffee and tea.
Assume tea and coffee are two substitute goods. D1 is the demand curve for the demand of tea
Increase in price of substitute good: When the price of tea is OP1, the quantity demanded is OT1 as shown in diagram (a). If there is an increase in the price of the substitute good coffee, then the demand curve for tea shifts to the right. Now, the consumer is willing to buy P1C2 quantity of tea which is equal to OT2. Greater the purchase of a commodity at its constant price points to a situation of increase or forward shift in the demand curve. The consumer demand curve shifts from D1 to D2, consuming more of tea even when its price is constant.
Decrease in price of substitute good:
When there is a decrease in the price of the substitute good coffee, the demand curve for tea shifts to the left even when its price is constant. When the price of tea is OP1, the quantity demanded is OT1 as shown in the diagram (b). Now, the consumer is willing to buy P1C2 quantity of tea which is equal to OT2. Thus, the consumer shifts from D1 to D2,
consuming less of tea even when the price of tea is constant. This is a situation of backward shift in the demand curve.
ii. Demand for a commodity in relation to price of the complementary good Complementary goods are purchased jointly such as ink and ink pens.
Increase in price of complementary good:
If there is an increase in the price of a good, then the demand for another good will decline. So the demand curve shifts parallel to the left, i.e. from D1D1 to D2D2.
Decrease in price of complementary good:
If there is a decrease in the price of a good, then the demand for another good will increase. So the demand curve shifts parallel to the right, i.e. from D1D1 to D2D2.

Answerd on:2017-07-21 Answerd By:milan-ransingh

Likes:
Be first to like this answer

Dislikes:
Be first to dislike this answer
Talk about this  Like  Dislike

You might like this video:Watch more here

Watch more videos from this user Here

Learn how to upload a video over here



Lets together make the web is a better place

We made eduladder by keeping the ideology of building a supermarket of all the educational material available under one roof. We are doing it with the help of individual contributors like you, interns and employees. So the resources you are looking for can be easily available and accessible also with the freedom of remix reuse and reshare our content under the terms of creative commons license with attribution required close.

You can also contribute to our vision of "Helping student to pass any exams" with these.
Answer a question: You can answer the questions not yet answered in eduladder.How to answer a question
Career: Work or do your internship with us.Work with us
Create a video: You can teach anything and everything each video should be less than five minutes should cover the idea less than five min.How to upload a video on eduladder