Given that price elasticity of demand is 1, a consumer buys 40 units at ₹1 per uni
Channel: Doubtnut
Date: 2020-03-29

Given that price elasticity of demand is 1, a consumer buys 40 units at ₹1 per unit. At what price will he buy 36 units ? ( we use -ve sign in the formula as absolute value of `P.e_(D)` is given).