Question

help me pls...

answer asap

class 11 eco

Answer 1

$\mathbb{\red{\huge{Heya\:mate}}}$

$\boxed{Here\:is\:your\:@nswer}$

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∆q = 120

therefore,
% change in q = 120/600×100 → 20%

% change in price =25%

→ Ed = % change in q / % change in p
→ Ed = 20/25 = 4/5

$\bold{Ed\:= \:0.8}$

(Less elastic demand)

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$\mathbb{\huge{\green{Hope\:it\:helps!!}}}$

Answer 2

Heya...

See here for your answer...

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Given..
Q = 600
∆ Q = 120
P = 8

% ∆ P = 25....

So,, Ed = % change in Q / % change in P..

Find the %∆ Q = ∆Q/Q x 100

120/600 x 100 = 20..

Now,,.

20/25 = 0.8...

Ans is 0.8..

Thank you..