price of a commodity decreases from ₹ 10 to ₹ 5 per unit. If the price elasticity
Channel: Doubtnut
Date: 2020-05-03

price of a commodity decreases from ₹ 10 to ₹ 5 per unit. If the price elasticity of demand is 3 and the original quantity demanded is 40 units. Calculate the new quantity demanded.