📢 Get 10 SSC MTS National Level Mocks for just Rs. 117. Enroll here
A tyre tube manufacturer faces a -1.6 price elasticity of demand for its tubes. It is presently selling 24000 units/month. If it wants to increase quantity sold by 4%, it must lower its price by ________.
Create a FREE account and get:
Ask doubts feature is currently unavailable for you. You can reach us at firstname.lastname@example.org for any further details/doubts.
Boost your Prep!