Demand for a product at Rs 40 /kg is 50kg. when the price rises to Rs Rs 50 kg, the demand falls to 40 kg . find ped.
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Explanation:
At price Rs 4, the demand for the good is 25 units. Suppose price of the good increases to Rs 5, and as a ... demands 40 kg of a commodity when its price is Rs. 1 per kg.
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