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1) Why should change in quantity …

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1) Why should change in quantity and price be considered as percentage change? 2) why should "-" sign be prefixed in the equation estimating elasticity of demand?

Posted by Miti Goyal 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Sakshi Sharma??️??️ 6 years, 10 months ago

2)to show inverse relationship between price and demand i.e. if price will increase then demand will decrease and if price will decrease then demand will increase.

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