Question

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?
A) -1.2 B) 1.2 C) -1.5 D) 1.5

Answer 1

Answer:

1.2

Explanation:

Answer 2

Answer:

B) 1.2

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