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Management · Q525

Managerial Economics

Graduate and Post Graduate · Management · question 525

Q525

Calculate price elasticity of demand if Q1 = 4000 P1 = Rs. 20 Q2 = 5000 P2 = Rs. 19

A.
Rs. 5
Answer
B.
Rs. 9
C.
Rs. 6
D.
Rs. 3

Answer: Option A

Solution

Answer: Option A
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