Use the table below to answer the question ..

Question 1 Report

Use the table below to answer the question below:

Market Demand Schedule for Commodity X:

If the price of commodity X falls from N40.00 to N30.00 what is the price elasticity of demand?

0.62

0.73

1.00

1,50

Use the table below to answer the question below: Market Demand Schedule for Commodity X: If the price of commodity X falls from N40.00 to N30.00 what is th...