Price of the commodity increases from Rs 50 to Rs 60 per unit Quantity demanded initially was 200 units - Economics - The Theory of The Firm Under Perfect Competition

Question

Price of the commodity increases from Rs 50 to Rs 60 per unit
Quantity demanded initially was 200 units What should be the new
quantity so that elasticity of demand is established to be unitary?

Ishi · Accepted Answer

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Price of the commodity increases from Rs.50 to Rs.60 per unit. Quantity demanded initially was 200 units. What should be the new quantity so that elasticity of demand is established to be unitary?