If demand is X=10-5P, and P = 1, what will be the price elasticity of – InterviewSolution

1.

If demand is X=10-5P, and P = 1, what will be the price elasticity of demand a. 01 b. 02 c. 03 d. 04

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<P>ANSWER:

it should be 5 if we put value of p in EQUATION

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