when price of a commodity falls by ₹2 per unit it's quantity demand increases by 10 units. Calculate the original and new demand if the price before change was ₹10 per unit and the shape of the demand curve of this good is rectangular hhuperbola
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When the price of a commodity falls by ₹ 2 per unit , its quantity demanded increases by 10 units . Its price elasticity of demand is (-) 1. Calculate its demanded at the price before change was ₹ 10 per unit.
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