Find the coefficient of price elasticity when the price of a product decreases from ₹ 10 to ₹ 6, and the quantity demanded rises from 10 units to 20…
CA Foundation · Business Economics · PYQS · May 2026
Find the coefficient of price elasticity when the price of a product decreases from ₹ 10 to ₹ 6, and the quantity demanded rises from 10 units to 20 units.
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. -2.5
Topics: Theory of Demand and Supply
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