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Find arc elasticity of demand, if quantity demanded falls from 1000 to 950 when price of the item is increased from Rs. 240 to Rs. 280?

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SSC JE Exam stands for Staff Selection Commission Junior Engineers Exam, which is held for Civil, Electrical, Mechanical, Quantity Surveying and contract Posts for recruitment in various Organizations/Ministries/Departments in the Government of India.


Find arc elasticity of demand, if quantity demanded falls from 1000 to 950 when price of the item is increased from Rs. 240 to Rs. 280?






 
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