Economy, asked by rajasuryar, 7 months ago

calculate the price elasticity of demand when quantity falls from 100 units to 90 units with a rise in price by 10%

Answers

Answered by rodoshiaudri

0

Answer:

-0.01

Explanation:

Ped= % change in Qd / % change in P

= (-10/100)/10

= -0.01

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