Q. 75.0( 1 Vote )

What will be the

Answer :

a)Zero :


The elasticity of demand = Percentage change in quantity demand/Percentage change in price


0 = Percentage change in quantity demand/10


Percentage change in quantity demand = 0


B) 21


Elasticity of demand = Percentage change in quantity demand/Percentage change in price


21 = Percentage change in quantity demand/10


Percentage change in quantity demand = 210


10 percent.


c) 22


Elasticity of demand = Percentage change in quantity demand/Percentage change in price


22 = Percentage change in quantity demand/10


Percentage change in quantity demand = 220


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