Economy, asked by sarvagyarai330, 6 months ago

The quantity demand increased from 100 unit to 200 units when the price decrease from ₹12 to ₹10. Calculate the elasticity of demand

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Answered by Ahezamkhan9724

Answer:

Answer. It is given that, the demand for a commodity increases from 100 units to 200 units when the price of that commodity decreases from 12 to 10 Rs. We have to find the Elasticity of Demand. The elasticity of demand is 5.99.

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