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Numerical, given ed=-0.02,and percentage increase in …

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Numerical, given ed=-0.02,and percentage increase in price=20%,find change in expenditure on the commodity
  • 3 answers

Krishanu Saxena 6 years, 7 months ago

By applying ed=change in demand / change in price. When we put the value.... Then - 0.02*20=-0.4

Rithika Jenifer 6 years, 7 months ago

Can u tell me how

Abhishek Attri 6 years, 7 months ago

-0.4
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