MCQOPTIONS
Saved Bookmarks
| 1. |
If price of an article increases from Rs 200 to Rs 240, when quantity demanded decreases from 1,000 units to 800 units. Find point elasticity of demand? |
| A. | -1 |
| B. | 1 |
| C. | 0.8 |
| D. | -0.8 |
| Answer» B. 1 | |