Economy, asked by akshitmehta8055, 2 months ago

Calculate price elasticity of demand
Price (per unit ). Quantity demanded
10. 100
12. 50

Answers

Answered by harneetmakkad27

1

Answer:

Ed = ∆Q / ∆P

= 50/100

= 0.5

Price elasticity of demand is 0.5

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