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A consumer puchased 10 unit of …

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A consumer puchased 10 unit of a commodity when its price was 5 per unit . He purchased 12 units of the commodity when its price falls to 4 per unit what is the price elasticity of demand for the commodity at that price ?

    • Posted by Shivani Tiwari 7 years, 6 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Roshan Kumar Thakur 7 years, 6 months ago

    Answer- the price elasticity of demand is 1

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