ECONOMICS (CBSE/UGC NET)

ECONOMICS

ELASTICITY OF DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A consumer spends Rs 250 on a good when its price is Rs 5 per unit. When the price rises to Rs 6 per unit he spends Rs 240 .Calculate Rs Ed
A
-2
B
-1
C
-4
D
-3
Explanation: 
There is 1 question to complete.