A consumer buys a certain quantity of a good at a price of ₹ 10 per unit. When price falls to ₹ 8 per unit she buys 40% more quantity. Calculate price elasticity of demand.
A consumer buys a certain quantity of a good at a price of ₹ 10 per unit. When
A consumer buys a certain quantity of a good at a price of ₹ 10 per unit. When price falls to ₹ 8 per unit she buys 40% more quantity. Calculate price elasticity of demand.
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