Business Studies, asked by Anonymous, 9 months ago

Price elasticity of demand is -1. At a given price the consumer buys 60 units of a good. How many units will the consumer buy if the price falls by 10%? Explain.

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Answered by techbaba787878

0

Explanation:

If income of a consumer increases, his purchasing power also increases and can buy more units of a commodity (assuming price is constant) ...

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