The market demand for a good at rs 5. per unit is 50 units. due to incrsase in price demand falls to 30 units find out the new price of ped is -2?
Answers
Answered by
3
Ed = 20/50*100
—————- =2
(X-5)/5*100
2/5* 5/x-5 =2
X=₹6
Yes new price is ₹6/-
—————- =2
(X-5)/5*100
2/5* 5/x-5 =2
X=₹6
Yes new price is ₹6/-
Similar questions