Economy, asked by ddkeanswers60, 1 year ago

A quantity demanded of a commodity falls by 5 units when it's prices rise by Rs 1 per units . It's price elasticity of demand is (-)1.5 . Calculate the price before the change if at this price quantity demanded was 60 units .​

Answers

Answered by mishraarnima40
0

Answer:

if quantity demand falls producers hv a great loss.

Answer is zero

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