What is the elasticity of demand for commodity ... - JAMB Economics 1995 Question
What is the elasticity of demand for commodity X, if at a price of N25 the quantity demanded is 80 and when the price is reduced to N20 the quantity demanded is 100?
A
1.25
B
1.45
C
0.25
D
0.15
Ask EduPadi AI for a Detailed Answer
Correct Option: A
Please share this, thanks:
#JAMB #JAMB
Add your answer
No responses