The elasticity of demand for sait is zero. If the demand is 2 kg at the price of ₹ 5 per kg. calculate the deamand if the price rises to ₹ 7.50 per kg ?

Price elasticity of demand for a product is unity. Its demand is 25 units at a price of ₹ 5 per unit. If the price of product rises to ₹ 6 per unit, how much quantity of the product will be demanded ?

The coefficient of price elasticity of demand for a commodity is 0.2. when price was ₹ 10 per unit. The quantity demanded was 40 units. If the price falls to ₹ 5 per unit, how much will be its quantity demanded ?

Calculate price elasticity of demand:

The price elasticity of demand of a good is (-) 0.5. At a price fo ₹ 20 per unit its demand is 300 units. At what price will its demand increase by 10 percent ?

The Percentage change in demand is three times the percentage change in price. If original demand was 30 units at the price of ₹ 7 per unit, then calculate the price elasticity of demand, given price increased by 10% . Indicate whether the demand is elastic or not. Also calculate the new quantity demanded.

The price elasticity of demand of a commodity is -0.5 . At a price of ₹ 20 per unit, total expenditure on it is ₹ 2,000. its price is reduced by 10 per cent. Calculate its demand at the reduced rate.

The price elasticity of demand of X is (-) 1.25. its price falls from ₹ 10 to ₹8 per unit. Calculate percentrage change in its demand.