50 units of good X is demanded at a price of 10 per unit. When price changes the Quantity demanded rises by 20 units. Calculate the new price of good X. The coefficient of elasticity of demand as unity.
(
This question was previously asked in
Shift 07/06/2023 3:30 PM - 6:30 PM
A
4
B
6
C
10
D
0
Correct Answer
6
Detailed Explanation
NOTE*- AS PER NTA THE CORRECT OPTION IS [2].
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