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प्रश्न
When price of a commodity falls by Rs 1 per unit, its quantity demanded rises by 3 units. Its price elasticity of demand is (−) 2. Calculate its quantity demanded if the price before the change was Rs 10 per unit.
उत्तर
Initial Price (P)=Rs 10
Initial Qunatity (q)=x
`ΔP=-1`
`Δq=3`
`E_d=(-)2`
`E_d= (Δq)/(Δp)xxp/q`
`Or,-2=3/-1xx10/x`
Or,x=15 `"units(Initial Quantity Demanded)"`
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संबंधित प्रश्न
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| (e) Reserve Bank of India | (5) Inverse relation |
| (6) Rent | |
| (7) 1935 | |
| (8) Direct relation |
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