If price of an article decreases from Rs 40 to Rs 30, quantity demande – McqOptions

MCQOPTIONS

1.	If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?
A.	9000 units
B.	4500 units
C.	10500 units
D.	6000 units
Answer» E.

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