A consumer spends ₹ 2,000 on a good pric...

A consumer spends ₹ 2,000 on a good priced at ₹ 8 per unit. Wgeb oruce rises by 25% the consumer continues to spend the same amount on the good. Calculate price elasticity of demand by 25% the consumer continues to spend the same amount on the good. calculate price elasticity of demand by the percentage method.

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