Question

If the local sweet house raises the price of sonpapri from ₹ 60 to ₹ 100 and quantity demanded falls from 700 sweets a night to 100 sweets a night, the price elasticity of demand for sweet is :
(a) 0.67
(b) 1.5
(c) 2.0
(d) 3.0

Answer 1

$\huge{\boxed{\red{\boxed{\mathfrak{\pink{Answer}}}}}}$

(d) 3.0 ✔️

Answer 2

$\huge\mathfrak{♡♡}$

(d) 3.0

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