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As a result of increase in …

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As a result of increase in price from Rs.4 per unit.The demand for the commodity decreased from 20 units to 10 units. Calculate price elasticity of demand by expenditure method.

    • Posted by Rahul Jain 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Gayatri Parashar 7 years, 11 months ago

    Expenditure Method has been deleted from the syllabus this year

    0Thank You

    Shreya Gautam 7 years, 11 months ago

    % change in Price =4 Q1=20;Q = 10 % change in quantity demanded = Q1-Q/Q*100 % change in quantity demanded= 100 Ed=25

    2Thank You

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