If elasticity of demand is very low it shows that the commodity is

The demand curve for the commondity is given as D_(x)=20 -2P . If slope of the demand curve is (-2), calculate price elasticity of demand for the commodity when the price of the commodity is ₹5 per unit.

If the elasticity of the demand eta =1 then demand is

The demand curve of a commodity is expressed as D_(x)=40-5P . If slope of the demand curve is given to be (-2) , calculate price elasticity of demand for the commodity when demand is 20 units.

The demand curve of a commodity is expressed as D_(x)20 - 2P . If slope of the demand curve is given to be (-2). Calculate price elasticity of demand for the commodity when demand is 10 units.

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.

price of a commodity decreases from ₹ 10 to ₹ 5 per unit. If the price elasticity of demand is 3 and the original quantity demanded is 40 units. Calculate the new quantity demanded.