Economy, asked by veerrajput449, 5 months ago

A consumer buys 18 unit of good at price elasticity of demand for the good is 1 how many unit the consumer will pay buy at price of 10 per unit




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Answers

Answered by birkvbrss4374
0

Explanation:

Calculate. Price elasticity of demand (ed) = Percentage change in quantity demanded/ Percentage change in price. Therefore, at a price of Rs 10, the consumer will buy 16 units of the goods.

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