Economy, asked by Anonymous, 17 days ago

. The price of a tiffin box is ₹ 100 per unit and the quantity demanded in a market is 1,25,000 units. Company increased the price to ₹125 per unit due to this increase in price quantity demanded decreases to 1,00,000 units. What will be price elasticity of demand (a) 1.25 (b)0.80 (C) 1.00 (d) none

Answers

Answered by pravinhadkarih

0

Explanation:

(25000/125000)×(100/25)=0.80

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