a consumer buys 20 units of a commodity at rs 10 per unit calculate the quantity demanded when price falls to rs 8 per unit
a consumer buys 20 units of a commodity at rs 10 per unit calculate the quantity demanded when price falls to rs 8 per unit
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Answer:
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Answer:
u will get 25 units for the same 10 rupees
Explanation:
if the rate decreases for 20 units
if rate is 10 rupees per rupee u can get
2 unit
if rate is 8 rupees per rupee u can get 2.5
unit so for 10 rupees u can get 25 units