Economy, asked by lavanya2179, 1 year ago

Price of a commodity is rupees 20 per unit and its demand is 300 units when price falls to rupees 10 per unit demand Rises to 450 units calculate the price elasticity of demand

Answers

Answered by ktsingh

1

150/10 =15

Explanation:

as change in units/ Change in price is price elasticity calculated

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