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A consumer spends ₹400 on a …

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A consumer spends ₹400 on a good priced at s ₹4 per unit.When price rises by 25 percent he continues to spend ₹400 on good.calculate the price elasticity of demand by percentage method
  • 1 answers

Yash Garg 6 years, 8 months ago

-(-20/ 25)%=0.8 (Ed)
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