When a kilogram of carrot is ₦8.00, 20 kilograms are demande…

Question

When a kilogram of carrot is ₦8.00, 20 kilograms are demanded and when the price decreased to ₦6.000 per kilogram, 30 kilograms are demanded. The elasticity of demand equals to

Answer 1

When a kilogram of carrot is ₦8.00, 20 kilograms are demanded and when the price decreased to ₦6.000 per kilogram, 30 kilograms are demanded. The elasticity of demand equals to

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2 ✓
1/2

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