Question

1 As a result of increase in price from 4 to 5 the quantity demanded decreases by 20 calculate and comment on p e d
2 the quantity demanded of a community at a price of rupees 8 per unit is 600 unit its price fall by 25% and the quantity demanded rises by 120 units calculate p e d and comment
3 when the price of a commodity is rupees 20 per unit its quantity demanded is 800 units when its price rises by rupees 5 per unit its quantity demanded falls by 20% calculate ped
4 the price elasticity of demand for goods x and y are 1 and 2 respectively price of X rises by 5% and of y falls by 5% what are the percentage change in quantity demanded of X and y.
Pls answer my questions

Answer 1

Answer:

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Explanation:

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