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 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 of a commodity is 10 per unit and total revenue from it is 1,000. Its price elasticity of supply is 0.8. Its price falls by 10 percent. Calculate the total revenue at the reduced price.

The price elasticity of supply of a commodity is 2. When its price falls from ₹10 per units to ₹8 per uint, its quantity supplied falls by 500units . Calculate the quantity supplied at the reduced price.

The price of commodity is ₹ 20 per unit and total expenditure on it ₹ 1,000. when its price falls to ₹ 18 per unit, total expenditure increases by 8 per cent. Calculate its price elasticity of demand by percentage in its demand.

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.

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 ?