Question

At rupees 5 per unit ,consumer buys 40 units of a commodity and the price elasticity of demand is _2.how much will he buy if the price reduce to rupees 4 per unit

Answer 1

Answer:

56 units

Explanation:

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Answer 2

Answer:

.25

Explanation:

the elasticity of dd is given . but the quantity dd is not given thus while applying the formula n substituting u will.get the ans