Economy, asked by karishma1514, 9 months ago

plz solve this question of econonomy..solve only if u know.
with proper solving and calculation✌..​

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Answered by somdip95
3

Answer: mark as brainliest ans please,

price elasticity of demand ={(∆y/y)/(∆p/p)}

(∆p/p)=(8-6)/8= 1/4.......(1)

(∆y/y)=(160 -x)/160.........(2)

now

equation (2)÷(1)

(1/4)/{(160-x)/160} = -2.

or ,40/(160-x). = -2

or , 20 = -160 + x

or, x=180

so consumer will buy 180 units as price fall to ₹6

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