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When price of a commodity fall by ₹1 per unit, its quantity demanded rises by 3 units. If `P.e_(D) = (-)2` calculate its qty. demanded if qty. demanded if price before change was ₹ 10 per unit.

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15 units
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RADHA BHUGANA-ELASTICITY OF DEMAND-Short Answere type Questions
  1. what is meant by price elasticity fo demand ? Explain any two factors ...

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  2. How is price elasticty of demand of a commodity affected by the number...

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  3. Mention any three factors that affect the price elasticity of demand f...

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  4. How does the nature of a commodity influence its price elasticity of d...

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  5. Explain the significance of " minus sign" attched to the measure of pr...

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  6. How is price elasticty of demand affected by: (i) Number of substitu...

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  7. When price of a commodity fall by ₹1 per unit, its quantity demande...

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  8. Quantity demanded of a commodity rises by 6 units when its price falls...

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  9. from the following data, calculate price elasticity of demand.

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  10. when price of a good is ₹ 12 per unit, the consumer buys 24 units o...

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

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  12. Calculate the P.e(D) for a commodity when its price increases by 25% ...

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  13. A 5% fall in the price of a good raises its demand from 300 untis to 3...

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  14. The demand for good rises by 20% as a result of fall in its price. Its...

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  15. A consumer buys 18 units of a good at a price of ₹9 per unit. The pr...

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  16. P.e(D) of a good is (-)1. when its price falls by one rupee, its deman...

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  17. When price of a good falls from ₹ 15 per unit to ₹ 12 per unit, it...

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  18. P.e(D) of a good is (-)1. Calculate the % change in price that will ra...

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  19. A consumer spends ₹100 on a good priced at ₹4 per unit. When its p...

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  20. A consumer spends ₹ 400 on a good priced at ₹8 per unit. When its ...

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