Economy, asked by diwanjigauthami06, 11 months ago

The price elasticity of demand of good x is double the price elasticity of demand of good y .A ten percent rise in the price of good y results in fall in its demand by 60 units if original demand of good y was 400 calculate percemtage rise in quant demanded of good x when its price falls from rs 10 to rs8 per units. Please provide solution

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Answered by ashnoorkaur5

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Answer:

I think the answer is Rs 460 uniy

Answered by Disha710

0

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Hey

The price elasticity of demand of good x is double the price elasticity of demand of good y .A ten percent rise in the price of good y results in fall in its demand by 60 units if original demand of good y was 400 calculate percemtage rise in quant demanded of good x when its price falls from rs 10 to rs8 per units. Please provide

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