A Consumer Buys 40 Units Of A Good At A Price Of Rs. 3 Per Unit. When The Price Rises To Rs. 4 Per Unit He Buys 30 Units. Calculate The Price Elasticity Of Demand By The Total Expenditure Method.

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Jyoiti 1 Year Ago
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A consumer buys 40 units of a good at a price of Rs. 3 per unit. When the price rises to Rs. 4 per unit he buys 30 units. Calculate the price elasticity of demand by the total expenditure method.

 

asked Jul 02 11:58:23 AM

Jyoiti

Q: 1 A: 0

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