Economy, asked by tanyaupadhyay1211, 8 months ago

Price of the commodity increases from rupees 52 rupees 60 per unit. Quantity demanded

initially was 200 units.what should be the new quantity so that elasticity of demand is

established to be unitary.​

Answers

Answered by arikasingh
0

Explanation:

Quantity demanded initially was 200 units. Wharlt should be the new quantity so that elasity of demand is established to be unitary. 160 is the correct answer and not 240 since the demand will decrease as the price increases.

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