Accountancy, asked by yogeshjpr6, 10 months ago

if the given elastercity is 1.6 and quantity demanded 60 unites and 84 unites find persentage change in price

Answers

Answered by tejoo

Explanation:

The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price. The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price.

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