Calculate elasticity of demand :
Given : That a 20% increase in the price of Bread causes the amount of Bread you buy to fall by 40%
| A. | 0.5 |
| B. | 4 |
| C. | 2 |
| D. | 6 |
Answer : C Explanation : |
|
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
