Economy, asked by gokilavani9689, 11 months ago

If a good is priced at ` 180 p.u. and its price is increased to ` 240 p.u. Now suppose quantity demanded previously was 100 units and as a result of price increase, the quantity demanded fell to 80 units. What is the price elasticity? (use Mid Point method)
(a) .777
(b) 1.4
(c) 1
(d) .8

Answers

Answered by xxsanshkiritixx

1

answer = 1.4.....of this question

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