Economy, asked by aarupanwar19205, 10 months ago

Market demand for a good at a price of 10 per unit is 100 unit. When its price changes ,its market demand falls to 50 units. Find out the new price ,if the elasticity of demand is (-) 2​

Answers

Answered by arjunbaisane7620
0

Answer:

₹.12.50

Explanation:

Price elasticity of demand (PED) shows the relationship between price and quantity demanded and provides a precise calculation of the effect of a change in price on quantity demanded.

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