when the price of commodity increase by 10% it's quality demanded decrease by 40% then what will be value of price elasticity of demand of that goods
Answers
Answered by
0
Answer:
Given, percentage change in price = (-) 10% Q = 150 units; Q1 = 180 units; Q = Q1 - Q = (180 - 150) units = 30 units Percentage change in quantity demanded ...
Answered by
0
Answer:
-40%+10%
-30% is the right answer
Explanation:
PLEASE FOLLOW ME AND MARK ME AS A BRAINLIST
Similar questions