when price of a good is â‚¹ 12 per unit...

when price of a good is â‚¹ 12 per unit, the consumer buys 24 units of the good. When price rises to â‚¹ 14per unit the consumer buys 20 units. Calculate price elsticity of demand.

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The correct Answer is:

`P.e_(D) =1 `

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