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As result of 10 percent rise in price of commodity X, its demand falls from 200 units to 190 units. Calculate its price elasticity of demand.

+3 votes

asked Mar 13, 2019 in Class 12 by kratos

As result of 10 percent rise in price of commodity X, its demand falls from 200 units to 190 units. Calculate its price elasticity of demand.

demand and elasticity demand
class-12
cbse

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1 Answer

+6 votes

answered Apr 15, 2020 by kratos

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