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Price of a good rises from Rs.5 to Rs. 6...

Price of a good rises from Rs.5 to Rs. 6 per unit but it had no effect on demand of that good. Calculate price elasticity of demand of the good.

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`E_(P)=(% " change in " Q_(d))/(% " change in P")=(0)/(1/(5)xx100)=0` (zero)
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SK AGGARWALA-PRICE ELASTICITY OF DEMAND-Understanding Based Questions from CBSE
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  14. A consumer 's income is Rs. 200 . He spends it on purchase of good x ...

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  15. The measure of price elasticity of demand of a normal good carries min...

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  17. What is the relation between good x and y in each case , if with the r...

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