Economy, asked by vipulsolanki716, 1 month ago

1) What is the price elasticity of demand (PED) for a product for which a 10% price rise reduces sales volume by 5% ?

A) -2.0
B) -0.5
C) +0.5
D) +2.0

Answers

Answered by mnawaz782

3

Answer:

+0.5

Explanation:

When 10 reduse by 5 answer will be 05 good luck

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