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The ratio of change in price (DeltaP) to...

The ratio of change in price `(DeltaP)` to original price (P) is 0.4 and elasticity of demand is (-) 1.50 . Calculate the percentage change in demand.

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The correct Answer is:
Percentage change in Demand = 60 %

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SANDEEP GARG-ELASTICITY OF DEMAND-Unsolved practicals
  1. if (DeltaP)/P =0.2 and price elasticity is (-) 2. calculate the percen...

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

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

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

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

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  6. Commodities A and B have equal price elasticity of demand . The demand...

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  7. The price of a commodity is ₹ 10 per unit and its quantity demanded a...

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

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  9. When price of a good is ₹ 13 per unit the consumer buys 11 units of t...

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  10. The price elasticity of demand of a commodity is -0.5 . At a price of ...

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  11. A consumer buys 20 units of a good at a price of ₹5 per units. He inc...

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  12. The price of commodity is ₹ 20 per unit and total expenditure on it ...

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  13. The price elasticity of demand of X is (-) 1.25. its price falls from ...

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  14. The price elasticity of demand for a good is -0.4 if its price increas...

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  15. The demand for good rises by 20 percent as a result of fall in its pr...

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  16. A 5 per cent fall in the price of a good raises its demand from 300 un...

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  17. Price of a good rises from ₹ 7 per unit to ₹ 9 per unit but its dema...

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  18. price elasticity of demand of a good is -0.75. calculate the percentag...

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  19. Price of a good rises by per cent but there is no effect on demand of ...

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  20. A consumer spends ₹ 2,000 on a good priced at ₹ 8 per unit. Wgeb oruce...

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