हिंदी

If the price elasticity of demand for a commodity is 2 and the percentage change in price is 5, the percentage change in quantity demanded will be ______. - Economics

Advertisements
Advertisements

प्रश्न

If the price elasticity of demand for a commodity is 2 and the percentage change in price is 5, the percentage change in quantity demanded will be ______.

विकल्प

  • 3

  • 2.5

  • 10

  • 7

MCQ
रिक्त स्थान भरें
Advertisements

उत्तर

If the price elasticity of demand for a commodity is 2 and the percentage change in price is 5, the percentage change in quantity demanded will be 10.

Explanation:

`"Price elasticity of demand" = "Percentage charge in quantity demanded"/"Percentage change in price"`

`2 = "Percentage charge in quantity demanded"/5`

∴ Percentage charge in quantity demanded = 10

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2023-2024 (March) Official
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×