Elasticity of demand is (-)3. if price r...

Elasticity of demand is (-)3. if price rises from to â‚¹12 per units, what is the % change in demand?

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The correct Answer is:

0.6

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RADHA BHUGANA-ELASTICITY OF DEMAND-Unsolved Numericals

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When price of good rises form â‚¹10 to â‚¹12 per unit its quantity d...
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When price of a commodity A falls from â‚¹ 10 to â‚¹5 per units, its...
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The price elasticity of demand of good x is half the price elasticity ...
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Demand of a commodity by a consumer falls by 10% as its price rises fr...
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As a result of 10% fall in price of a good, its demand rises from 100 ...
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The quantity demanded of a commodity falls by 5 units when price rises...
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When price of a commodity A falls from â‚¹ 10 to â‚¹5 per units, its...
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