The price of a commodity X increases by 20%, as a result the quantity
demanded falls to zero. Calculate coefficient of price elasticity of demand. Comment
upon the likely shape of the demand curve.
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Answer:utilize this material during zero periods, extra classes and regular classes best to their advantage. ... in the demand curve; price elasticity of demand - factors affecting price elasticity of ... of a commodity increases quantity demanded of the commodity decreases ... Comment on the likely shape of demand curve based on this
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