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As price of a commodity increases …

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As price of a commodity increases from rupees 4 per units to rupees 5 units demand Falls from 20 to 10 units find out the elasticity of demand

Posted by Tanvi Jain 1 year, 3 months ago

CBSE > Class 11 > Economics

1 answers

Tanvi Garg 1 year, 1 month ago

Elasticity of demand=2.5 Less elastic demand=ED<1

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CBSE > Class 11 > Economics