7
6
5
4
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 35 per unit.
Price (*)
2
1
Demand (units) 500 750 1,250 2,000 3,250 4,750 8,000
inn
{Ed = (-) 0.92)
3
Once that originally a product was beina
10
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