Economy, asked by karishma1514, 10 months ago

plz solve this numerical with proper solving and calculation​

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Answered by somdip95
3

Answer:

price before change (x)= 8 rupee

Explanation:

The formula of the price elasticity of demand=[(percentage change in quantity demanded)/(percentage change in price)]

So price elasticity of demand={(16-18)/16}÷(1/x) where x is the price before chane .

now settings the equation.

[{(16-18)}/16}÷(1/x)]= -1

or -(2/16)*x= -1

or, -(1/8)*x = -1

or, (1/8)*x =1

or x=8

Answered by Anonymous
0

Answer:

i don't know eco .....lol....

Explanation:

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