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A consumer buys 200 units of a good at a...

A consumer buys 200 units of a good at a price of ₹5 per unit. With change in price, he buys only 100 units. If price elasticity is (-) 1, find out the changed price.

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The correct Answer is:
`₹ 7.5`
N/a
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SANDEEP GARG-ELASTICITY OF DEMAND-Unsolved practicals
  1. Market dmand for good at price ₹ 10 per unit is 100 units. When its ...

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  2. A consumer buys 160 units of a good a t a price of ₹ 8 per unit. Price...

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  3. A consumer buys 200 units of a good at a price of ₹5 per unit. With ch...

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  4. price of a commodity decreases from ₹ 10 to ₹ 5 per unit. If the price...

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  5. The elasticity of demand for sait is zero. If the demand is 2 kg at th...

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  6. Price ealsticity of demand for a commodity is unity and a household de...

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  7. The quantity demanded of a commodity falls by 5 units when price rises...

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  8. What price of a commodity falls by ₹ 1 per unit , its quantitfy demand...

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  9. As price of a 5 per cent fall in the price of a good, its demand rises...

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  10. A 3% fall in the price of X leads to a 9% rise in its demand. A 5% ris...

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  11. A 5 % fall in the price of X leads to a 10% rise in demand for X.A 2% ...

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  12. As the price of a commodity falls from ₹ 8 and ₹ 6, its demand rises f...

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  13. At a price of ₹ 20 per unit, the quantity demanded of commodity is 30...

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  14. As a result of 10% rise in the price of a good, its demand falls from ...

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  15. A household increases its demand for a commodity from 40 units to 50 u...

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  16. As price of a commodity falls from ₹ 7 per kg to ₹ 5 per kg, the total...

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  17. A consumer spend ₹ 80 on a commodity at a price of ₹ 1 per unit and ₹ ...

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  18. Mr. Ram spent ₹ 200 on a commodity and bought 20 units of it . When it...

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  19. On the basis of information given below, compare price elasticities of...

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  20. The price elasticity of demand of good X si double the price elasticit...

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