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When price of a commodity falls by 80 % ...

When price of a commodity falls by 80 % , the quantity demanded of it increases by 100 %. Find out its price elasticity of demand.

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When the price of a commodity falls by ₹ 2 per unit , its quantity demanded increases by 10 units . Its price elasticity of demand is (-) 1. Calculate its demanded at the price before change was ₹ 10 per unit.

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When price of a commodity X falls by 10%, its demand rises from 150 units to 180 units. Calculate its price elasticity of demand. How much should be the percenyage fall in its price so that its demand rises from 150 to 210 units.

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