17 A consumer buys 100 units of good y at Rs 5 per unit The price elasticity of demand - Economics - Theory of Consumer Behaviour

Question

17 A consumer buys 100 units of good y at Rs 5 per unit The price
elasticity of demand
for the good is 2 At what price will he be willing to buy 140 units
of good y?

Shruti Mishra · Accepted Answer

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Regards

17.A consumer buys 100 units of good y at Rs.5 per unit. The price elasticity of demand for the good is 2. At what price will he be willing to buy 140 units of good y?

17.A consumer buys 100 units of good y at Rs.5 per unit. The price elasticity of demand
for the good is 2. At what price will he be willing to buy 140 units of good y?