A CONSUMER UYS 10 UNITS OF A COMMODITY AT Rs 5 PER UNIT.HE UYS 12 UNITS WHEN PRICE FALLS TO RS 4 PER UNIT CALCULATE PE=RICE ELASTICITY OF DEMAND
a) 5
b) 1
c) 7
d) 1.5
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Frequency distribution in statistics is a representation that displays the number of observations within a given interval. The representation of a frequency distribution can be graphical or tabular so that it is easier to understand.
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