when price of a good is ₹ 7 per unit, a consumer buys 12 units. When price falls to ₹ 6 per unit, he spends ₹ 72 on the good. Calculate price elasticity of demand by using the percentage method. Comment on the likely shape of demand curve based on this measure of elasticity.

When price of a good is Rs. 7 per unit a consumer busy 12 units . When price fails to Rs. 6 per unit he spends Rs. 72 on the good . Calculate price elasticity of demand by using percentage method. Comment on the likely shape of demand curve based on based on this measure of elasticity.

A consumer buys 20 units of a good at a price of ₹5 per units. He incurs an expenditurs of ₹ 120 , when he buys 24 units. Calculate price elasticity of demand using the percentage method. Comment upon the likely shape of demand curve based on this information.

when price of a good is ₹ 12 per unit, the consumer buys 24 units of the good. When price rises to ₹ 14per unit the consumer buys 20 units. Calculate price elsticity of demand.

A cossumer spend ₹ 1,000 on a good priced at ₹ 10 per unit. When price falls by 20 percent , the consumer spends ₹ 800 on the good. Calculate the price elasticity of demand by the percentage method.

When price is ₹ per unit, demand for a commodity is 100 units. As the price falls to ₹ 8 per unit , demand expands to 150 units. Calculate elasticicty of demands.

When price of a good is ₹ 13 per unit the consumer buys 11 units of that good, when price rises to ₹ 15 per unit, the consumer continues to buy 11 units. Calculate price elasticity of demand.