Price elasticity of demand for a product is unity . A household buys 25 units of the product at a price of rs 5 per unit. If the price of the product rises to rs 6 per unit , how much quantity of the product will be bought by the household?
Answers
Answered by
0
Answer : new quantity=20 unit
Similar questions
Accountancy,
3 hours ago
Hindi,
3 hours ago
Chemistry,
6 hours ago
India Languages,
6 hours ago
Math,
8 months ago
English,
8 months ago