Question

Given the figures below price of commodity, A in febuary =#7. 00
Quantity bought in january=20kg
Quantuty of a bought in febuary 16kg
A.calculate
1.percentage change in quantity bought {%}
2.percentage change in price of a {%}
3.coefficient of price elasticity of demand
B. From your answer
1.is the demand elastic or inelastic
2.how do you know this?
(ssce june 1998)
Please explain
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Answer 1

Answer:

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Explanation:

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