1.

A consumer buys 18 units of a good at a price of Rs. 9 per unit. The price elasticity of demand for the good is (-) 1. How many units will the consumer buy at a price of Rs. 10 per unit ?

Answer»

A consumer buys 18 units of a good at a price of Rs. 9 per unit. The price elasticity of demand for the good is (-) 1. How many units will the consumer buy at a price of Rs. 10 per unit ?



Discussion

No Comment Found

Related InterviewSolutions