Economy, asked by harshptl432, 5 months ago

(i) Price of the commodity-X falls from 5 per kg to n4 per kg and the demand of
consumer A for it rises from 4 kg to 6 kg. Express your opinion regarding the nature of
elasticity of demand of commodity-X.

Answers

Answered by sweetqueen123

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(i) Price of the commodity-X falls from 5 per kg to n4 per kg and the demand ofconsumer A for it rises from 4 kg to 6 kg. Express your opinion regarding the nature ofelasticity of demand of commodity-X.​

Answers

(i) Price of the commodity-X falls from 5 per kg to n4 per kg and the demand of
consumer A for it rises from 4 kg to 6 kg. Express your opinion regarding the nature of
elasticity of demand of commodity-X.