Comment upon `E_(P)` when price falls from (a) Rs. 6 to Rs. 5 , (b) Rs. 5 to Rs. 4 and (c ) Rs. 4 to Rs. 3. `{:("Price (Rs.)"," Demand "),(" "6," "100

Question

Comment upon `E_(P)` when price falls from (a) Rs. 6 to Rs. 5 , (b) Rs. 5 to Rs. 4 and (c ) Rs. 4 to Rs. 3. `{:("Price (Rs.)"," Demand "),(" "6," "100

Comment upon `E_(P)` when price falls from (a) Rs. 6 to Rs. 5 , (b) Rs. 5 to Rs. 4 and (c ) Rs. 4 to Rs. 3.
`{:("Price (Rs.)"," Demand "),(" "6," "100),(" "5," "110),(" "4," " 150),(" "3," " 200):}`

Monjur Alahi

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2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

Correct Answer - (a) `-0.6`
(b) `2.27`
( c) `-1.33`

4 views Answered 2023-02-05 15:29