Economy, asked by luthadesatish9, 1 month ago

Calculate the elasticity of demand by total expenditure method. When price is

Rs.4, total expenditure of the consumer is Rs.40 and total Expenditure rises to Rs. 50 when

price rises to Rs.6.

Answers

Answered by 002PRADEEP200

Answer:

Explanation:

53-56×4 expenditure of the consumer is rs.40 and total experience

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