If the price of a ball point pen falls from N1.00 to N0.60 and the quantity demanded increases from 200 to 300, the point elasticity of demand is equal to?
a
1.25
b
0.80
c
0.50
d
0.40
Explanation
Correct Option
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oluwapelumimoses
7 years ago
ho can u tell me the answer is 1.25 wait wait wait who dey calculate these trash
