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Suppose the demand function for a commodity is given as: Q = 500 – 5P Where 'Q' denotes quantity of demand and 'P' denotes price of the commodity. The point price elasticity of demand at price ` 20 will be:

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1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


Suppose the demand function for a commodity is given as: <br />Q = 500 – 5P Where 'Q' denotes quantity of demand and 'P' denotes price of the commodity. The point price elasticity of demand at price ` 20 will be:






 
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