A consumer buys 50 units of a good at â...

A consumer buys 50 units of a good at â‚¹4 per unit. When its price falls by 25% ,its demand rises to 100 units. Find out price elasticity of demand.

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The correct Answer is:

`P.e_(D)=4`

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RADHA BHUGANA-ELASTICITY OF DEMAND-Unsolved Numericals

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