Economy, asked by dhirajk, 1 year ago

p= 10 and 12 and demand = 120 and 100 find ed

Answers

Answered by habeeb5809808
0

Elasticity of demand (Ed) = Percentage change in quantity demanded / Percentage change in price.

Ed = 120 - 100 / 12 - 10

Ed = 20 / 2

Ed = 10



dhirajk: wrong snswer
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