Question

88. The price of a commodity decreases from Rs.6 to Rs.4 and the quantity demanded of the good
increases from 10 units to 15 units, find the co-efficient of price elasticity. (Use Point Elasticity Method)
(a) 1.5
(b) 2.5
(c) -1.5
(d) 0.5​

Answer 1

Answer:

B 2.5

Explanation:

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