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Calculate co- efficients of P.e(D) if a ...

Calculate co- efficients of `P.e_(D)` if a person spends ₹ 500 at ₹ 5 pe units and ₹420 at ₹ 6 per units.

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`P = 5, P_(1)=6, DeltaP= (+)1`
` Q100, Q_(1) = 70 , DeltaQ =-30`
`P.e_(D) = 5/100 xx (-30)/1= (-) 1.5`
`|P.e_(D)| = 1.5`
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RADHA BHUGANA-ELASTICITY OF DEMAND-Unsolved Numericals
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  3. A person buys 10 units of a good at ₹6 per unit. When the price fall...

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  6. Suppose that initial demand 100 units. With rise in price by ₹5 , t...

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  8. Elasticity of demand is (-)3. if price rises from to ₹12 per units,...

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  20. A consumer buys 100 units of a good at ₹5 per unit. The P.e(D) is (...

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