Question

1. The quantity demanded increases from 100 units to 200 units when the price decreases from ₹12 to₹10 calculate the elasticity of demand
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Answer 1

Answer:

It is given that, the demand for a commodity increases from 100 units to 200 units when the price of that commodity decreases from 12 to 10 Rs. We have to find the Elasticity of Demand. The elasticity of demand is 5.99.

Explanation:

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Answer 2

Explanation:

. It is given that, the demand for a commodity increases from 100 units to 200 units when the price of that commodity decreases from 12 to 10 Rs. We have to find the Elasticity of Demand. The elasticity of demand is 5.99.