Question

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

Answer 1

ਆ ਤਾਂ ਮੈਂਨੂੰ ਆਉਂਦਾ ਨੀ ਜੀ ਪਰ ਚੰਗਾ ਸਵਾਲ ਹੈ