Question

explain price elasticity when price rises from 5to 6 and quantity drops from 68 to 65​

Answer 1

Explanation:

sorry I am in class 7th I don't give you answer

Answer 2

original price = 5

new price = 6

change in price = 1

original demand = 68

new demand = 65

change in demand = -3

elasticity of demand =  -3 / 1    *    5 / 68

                                   =  -3     x    5/68

                                   =   -15/68

                                   = -0.22