Question

A household purchases 40 units of a its price is Rel per unit. At what price he would good when puvichase 36 units of st if coefficient of price elastically of demand is unitary

I will mark as BRAINLIST​

Answer 1

Given: Q−10,Q

1

=12,P=5,P

1

=4

ΔP=(4−5)=−1,ΔQ=(12−10)=2

E

d

=(−1)

Q

P

∗

ΔP

ΔQ

=(−)

10

5

∗

−1

2

=1

E

d

=1 Unitary elastic demand.