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If ratio of Change in quantity (DeltaQ)...

If ratio of Change in quantity `(DeltaQ)` to original quantity Q is 0.5 and elasticity of demand is (-) 1.25, calculate the percentage change in price.

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If ratio of change in quantity (AQ) to original quantity (Q) is 0.4 and elasticity of supply is 1.25, calculate the percentage change in price.

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