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
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3
Answer:
+0.5
Explanation:
When 10 reduse by 5 answer will be 05 good luck
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