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Price elasticity of demand for a product...

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 ?

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Price elasticity of demand for a product is 'unity'. A houseshold buys 25 units of this product at the price of ₹ 5 per unit. If the price of product rises by ₹ 1, how much quantity of the product will the household buy ?

Price elasticity of supply for a product is'Unity'. A firm supplies 25 units of this product at a price of ₹3 per unit. If tho price of product rises to ₹ 6 per unit, how much quantity of the product of the will be supplied by the firm ?

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 ?

Price ealsticity of demand for a commodity is unity and a household demands 50 units of it when its price is ₹ 2 per unit. At what price will the household demands 45 units of the commodity ?

A consumer buys 160 units of a good a t a price of ₹ 8 per unit. Price falls to ₹ 6 per unit. How much quantity will the consumer buy at the new price, it price elasticity of demand is (-) 2 ?

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 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.

Price elasticity of demand of a good is (-) 2. At a price of Rs. 10 per unit 40 units of this good are bought . How units will be bought at a price of Rs. 11 per unit ? Calculate.

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