The market demand for a good at ₹ 4 per unit is 100 units. Due to increase in price
Channel: Doubtnut
Date: 2020-05-03

The market demand for a good at ₹ 4 per unit is 100 units. Due to increase in price, the market demand falls to 75 units. Find out the new price, elasticity  of demand is (-)1.