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Market dmand for good at price ₹ 10 pe...

Market dmand for good at price ₹ 10 per unit is 100 units. When its price changes, its market demand falls to 50 units. Find out the new price, if the price elasticity of demand is (-)2.

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The market demand for a good at ₹ 4 per unit is 100 units. Due to increase in price, the market demand falls to 75 units. Find out the new price, elasticity of demand is (-)1.

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