Kumar used to eat 30 samosas in a month when the price of each samosa – McqOptions

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1.	Kumar used to eat 30 samosas in a month when the price of each samosa was Rs. 12. When the price of samosa increased to Rs. 15 per piece, he eats only 20 samosas a month. What is the price elasticity of demand for samosa by Kumar?
A.	1.33
B.	1.00
C.	0.75
D.	0.08
Answer» B. 1.00

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