Question

a 5%rises in price of a good X leads to 10%fall in its demand a consumer buys 100 unit of good y when it's price is rs.5 per unit.at what price did the consumer buys 120 units of good y if the ratio of price elasticity of demand for good X and y is 2.1​

Answer 1

Explanation:

Most companies and corporations across the world use primarily 3 types of final accounts:

Trading account.

Profit and loss account.

Balance sheet.