The price elasticity is 2 the percentage change in price is equal to 5 find the percentage change in quantity
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Answered by
26
Answer:
price elasticity=%change in quantity/ %change in price
2 = %change in quantity/ 5
2×5 = % Chage in quantity
10=%change in quantity..
I hope it help u...
Answered by
2
Answer:
10%=Change in quantity
Explanation:
I hope this is helpful to you
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