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As price of a commodity falls from ₹ 7 p...

As price of a commodity falls from ₹ 7 per kg to ₹ 5 per kg, the total expenditure on it increases from ₹ 3,500 to ₹ 6, 250 . Find out the elasticity fo demand .

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The correct Answer is:
`(E_(d)= (-)5.25)`
N/a
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SANDEEP GARG-ELASTICITY OF DEMAND-Unsolved practicals
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  10. The price elasticity of demand of commodity X is 1/2 of price elastici...

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  11. if (DeltaP)/P =0.2 and price elasticity is (-) 2. calculate the percen...

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  12. The dmeand function of good 'A' is given as: Q(A) = 40-5P(A). Calculat...

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  13. The ratio of change in price (DeltaP) to original price (P) is 0.4 and...

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  14. Price elasticity of demand for a product is unity. Its demand is 25 un...

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  15. the price of a commondity is ₹ 12 per unit and its quantity demanded ...

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  18. Form the following data, calculate price elasticity of demand.

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