Economy, asked by saguftanaaz218, 2 months ago

As price of commodity increases from Rs 5 to Rs 7, quantity demanded decreases from 10 units to 5 units.find the price elasticity of demand.​

Answers

Answered by qadrimohammadi696
0

Answer:

7-5=2 then 10-5=5

elasticity of demand= unit

change in price / percentage in change

2/5= 0.4

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