Question

when the price of a commodity of x changes from Rs 40 per unit to Rs 20 per unit uts demand increases by 20 units if price elasticity of demand is 0.5 calculate initial and final quantity demanded of commodity x​

Answer 1

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• Rs. 40 - Rs. 20 = Left : Rs. 20

Answer 2

Answer:

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• Rs. 40 - Rs. 20 = Left : Rs. 20

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