Question

3. The prices and quantities demanded of a commodity are given below. On this basis, find out the price
elasticity of demand.
Price (5)
10
20
Demand (units)
20
15
(EJ = (-) 0.25)
4. Price of a good falls from 10 to 8. As a result, its demand rises from 80 units to 100 units. What is
the price elasticity of demand?
(E = (-) 1.25)
5. Demand increases by 10 units when the price decreases by 2. As a result, demand increase to 100
units and price decreases to 8. Find out the price elasticity of demand.
{E,= (-) 0 55)
6. Following is the market demand schedule of commodity X. Calculate the coefficient of price elasticity
of demand, when price increases from 3 per unit to 5 per unit.
Price (3)
7
6
5
4
3
2
1
Demand (units) 500 750 1.250
2.000 3,250 4,750 8,000
Eg = (-) 0.92)
7. Suppose that originally, a product was being sold at 10 ner unit and the quantity​

Answer 1

Explanation:

ओ माय गॉड ओ माय गॉड जिसमें छात्र इस तरह ठंडा आंसर फ्रॉम दिस