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Management · Q307

Managerial Economics

Graduate and Post Graduate · Management · question 307

Q307

Given: P = Rs. 20 Q = Rs. 5000 P1 = Rs. 22 Q1 = Rs. 4000 What will be point of elasticity?

A.
2000
B.
2
Answer
C.
20
D.
200

Answer: Option B

Solution

Answer: Option B
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