The demand for goods X and Y have equal price elasticity. The demand of X rises from
Channel: Doubtnut
Date: 2020-05-03

The demand for goods X and Y have equal price elasticity. The demand of X rises from 100 units to 250 units due to a 20 per cent fall in its price. Calcualte the percentage rise in demand of Y, if its price falls by 8 per cent.