Home » Classroom » WAEC Agriculture 2016 Question

Determine the price elasticity of demand if the... - WAEC Agriculture 2016 Question

Determine the price elasticity of demand if the price of yam tuber rises by 10% (0.1) and the quantity demanded falls by 5% (0.05)
A
0.5
B
0.4
C
0.3
D
0.1
correct option: a
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses