Question

if the price of commodity is decreased by 20 percent and it's consumption is increased by 20 percent , what will be the increase or decrease in expenditure on the commodity???answer fast​

Answer 1

Answer:

I the price of a commodity is decreased by 20% and its consumption is increased by 10%, what will be the increase or decrease in the expenditure on the commodity? p + q + pq/100 = -20 + 10 - 200/100 = -10 - 2 = -12%.