A consumer buys 80 units of a good at a price of Rs.4 per unit . suppose price elasticity of demand is -4 , At what price will he buy 60 units ?
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Water is an inorganic, transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms. It is vital for all known forms of life, even though it provides no calories or organic nutrients.
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Answer is 4 units but in ICAI module is give 4.2 units I don't understand ?
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