Saved Bookmarks
| 1. |
Price elasticity of demand of a good is (-) 2. The consumer buys a certain quantity of this good at a price of Rs. 8 per unit. When the price falls, he buys 50% more quantity. What is the new price? |
|
Answer» Price elasticity of demand of a good is (-) 2. The consumer buys a certain quantity of this good at a price of Rs. 8 per unit. When the price falls, he buys 50% more quantity. What is the new price? |
|