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when the price of a commodity …

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when the price of a commodity falls by 10% the number of unit demanded Rises from 20 to 25. calculate the price elasticity of demand

    • Posted by Suman Majumder 7 years, 8 months ago

    CBSE > Class 11 > Economics
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    The following news was printed in the Economic Times: "Narrow petrol-diesel price gap and higher price of diesel cars alter buyer preference." Explain this statements linking it to the concept of elasticity of demand. Open in App

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