Question

price elasticity of demand of a good is (-)1 . when its price per unit falls by one rupee , its demand rises from 16 to 18 units. calculate the price before change.
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Answer 1

Answer:

Price elasticity of demand for a good is (-) 1. When its price per unit falls by one rupee, its demand rises from 16 to 18 units

Answer 2

Answer:

price elasticity of demand of a good is (-)1 . when its price per unit falls by one rupee , its demand rises from 16 to 18 units. calculate the price before change.

price elasticity of demand of a good is (-)1 . when its price per unit falls by one rupee , its demand rises from 16 to 18 units. calculate the price before change.