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A consumer buys 10 units of a good at a price of Rs. 6 per unit. Price elasticity of demand is (−)1. At what price will he buy 12 units? Use expenditure approach of price elasticity of demand to answer this question.

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A consumer buys 10 units of a good at a price of Rs. 6 per unit. Price elasticity of demand is (−)1. At what price will he buy 12 units? Use expenditure approach of price elasticity of demand to answer this question.



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