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Consider the following demand schedule Price per unit(Rs.)Quantity demanded (000) 63 59 415 320 When price falls from Rs, 5 to Rs. 4, elasticity of
Consider the following demand schedule
Price per unit(Rs.)Quantity demanded (000)
63
59
415
320
When price falls from Rs, 5 to Rs. 4, elasticity of demand can be expressed numerically as
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Microeconomics Theory and Applications with Calculus
Authors: Jeffrey M. Perloff
3rd edition
133019934, 978-0133019933
