ECONOMICS (CBSE/UGC NET)

Previous
Next

ECONOMICS

ELASTICITY OF DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A consumer buys 50 units of a good at a price of Rs 10 per unit. When the price falls to Rs 5 per unit he buys 100 units. Find out price elasticity by percentage method
A
-2
B
-1
C
-3
D
-2.5
Explanation: 
There is 1 question to complete.
Previous
Next