Managerial Economics

1:

Calculate price elasticity of demand if

Q1 = 4000 P1 = Rs. 20

Q2 = 5000 P2 = Rs. 19

A.

Rs. 5

B.

Rs. 9

C.

Rs. 6

D.

Rs. 3

 

Answer : A

Explanation :

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Option: A

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