Question

when demand falled by 10% due to increase in pruce from 5to 6 clculate elasticity od demand​

Answer 1

Answer:

approximate method for solving for elasticity in which the percent changes are measured relative to the initial quantity demanded and price; the initial quantity demanded is subtracted from the new quantity demanded, then divided by the initial quantity demanded; similarly, the initial price is subtracted from the new ...

Answer 2

Explanation:

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