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A consumer spends ₹ 80 on a commondity w...

A consumer spends ₹ 80 on a commondity when its price is ₹ 1 per unit and spends ₹ 96 when its price is ₹ 2 per unit. Calculate price elasticity of demand for the commodity by the percentage method ?

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A consumer spends Rs. 80 on a commodity when its price is Rs. 1 per unit and spends Rs. 96 when the price is Rs. 2 per unit . What is the price elasticity of demand for the commodity ? Note : By dividing expenditure with the price we can get the quantity demanded.

A consumer spend ₹ 80 on a commodity at a price of ₹ 1 per unit and ₹ 100 at a price of ₹ 2 per unit. What is the price elasiticity of demand ?

A consumer purchased 10 units of a commodity when its price was ₹ 5 per unit. He purchased 12 units of the commodity when its price fell to ₹ 4 per unit. What is the price elasticity of demand for the commodity ?

A consumer spends ₹1000 on a good priced at ₹ 10 per unit. When its price falls by 20 percent the consumer spends ₹ 800 on the good. Calculate price elasticity of demand by the percentage method.

A consumer spends ₹ 60 on a good priced at ₹ 5 per unit. When price falls by 20 per cent, the consumer continues to spend ₹ 60 on the good. Calculate price elasticity of demand by percentage method.

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.

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