Question

The price elasticity of demand of good ‘X’ and ‘Y’ is same. If price of good ‘X’ falls by 10% and price of good ‘Y’ increase by 10% then what changes will take place is demand of good ‘X’ and good ‘Y’.​

Answer 1

Answer:

please refer to the attachments given above

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Answer 2

Answer:

please go through the attachment