Question

A consumer buys 10 units of good at price of rs 11 per unit. when the price fall to rs 9 per unit he spend rs 90 on the goods . calculate price elasticity of demand using the percentage method .Also comment upon the shape of demand curve based on the information. ​ please solve this​

Answer 1

Answer:

Rs 2 profit.

Explanation:

In percentage= 20%