Question

i) Calculate the price elasticity of demand when price increases from ₹5 to ₹15.

ii) By using arc elasticity of demand, find the price elasticity of demand, when price increases from ₹5 to ₹10.​

Answer 1

Answer:

i) 5/15=3

5*3

ii)5/10=2

5*2

Explanation:

Answer 2

Explanation:

your answer is in the attachment