If `(DeltaQ)/Q=-0.6` and price elasticity is (-) 0.75, calculate the percetage change in
Channel: Doubtnut
Date: 2020-05-03

If `(DeltaQ)/Q=-0.6` and price elasticity is (-) 0.75, calculate the percetage change in price.Also Calculate the new expenditure if initital expenditure was ₹500 at the price of ₹20.