The price of a commodity is Rs 20 per unit and total expenditure on it

1.	The price of a commodity is Rs 20 per unit and total expenditure on it is Rs 1000.when its price falls to Rs 18 per unit ,total expenditure increases by 8 percent. calculate its price elasticity of demand by percentage method.
Answer» Answer: THANKS yyyyy I have to know if you have any QUESTIONS please FEEL free to contact me at any TIME and I will be there at any time and I will be there at any time and I

The price of a commodity is Rs 20 per unit and total expenditure on it is Rs 1000.when its price falls to Rs 18 per unit ,total expenditure increases by 8 percent. calculate its price elasticity of demand by percentage method.

Answer»

Answer:

THANKS yyyyy I have to know if you have any QUESTIONS please FEEL free to contact me at any TIME and I will be there at any time and I will be there at any time and I

Discussion

No Comment Found

Related InterviewSolutions

DIOshowsdalaThe followingcarsnumberacarutimanufactured byfaedarzeashelp ofTata kotona2016-17Reprecentpie Ciagamseduchincass (2)shout naps on cos whomaenti15, 75, oroTalaluctos7,25,oooHyundai5, 50,000
Write names of some important index number.
What do you mean by explicit cost? Are the following included in it?1) Payment of wages to employees of the firm.2) Wages for entrepreneurs own labour.3) Depreciation Cost.4) Rent of entrepreneurs own building.5) Payment of electricity bill.Don't Spam❌
What are the techniques for measuring correction ?
What is data represented in tabular presentation?what are parts of a table?
If we increase the retention rate, than the price of the share will increase or decrease?
Oston 14 of 30In the assembly line balancing, cycle time (the ratio of available production time to scheduled production) is the
Why does each country need a representative on the World Stage? Why do countries need to collaborate and help each other? What do you think are the benefits of doing so?
America is called the "Melting Pot". Why do you think we have earned that nickname? What are the benefits of diversity within our country?
. For the circuit shown in Figure below, calculate the following:(Marks 12)(a) Total resistance across the source(b) Total current from the source(c) Current through 910 Ωthe resistor (d) Voltage from A to point B

The price of a commodity is Rs 20 per unit and total expenditure on it is Rs 1000.when its price falls to Rs 18 per unit ,total expenditure increases by 8 percent. calculate its price elasticity of demand by percentage method.​

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment

The price of a commodity is Rs 20 per unit and total expenditure on it is Rs 1000.when its price falls to Rs 18 per unit ,total expenditure increases by 8 percent. calculate its price elasticity of demand by percentage method.