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Given that price elasticity of demand is...

Given that price elasticity of demand is 1, a consumer buys 40 units at ₹1 per unit. At what price will he buy 36 units ?
( we use -ve sign in the formula as absolute value of `P.e_(D)` is given).

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The correct Answer is:
` ₹ 1.10`
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RADHA BHUGANA-ELASTICITY OF DEMAND-Unsolved Numericals
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