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OOMDOs t — O; am I * Department OF Neon Busmiéss School a ante fal Econonfey = ment On Income Elastic, OF Demand To Muhanmad Yousaf * Userfa khan —" A 20; Consanis => Delsattion => Fosrrula 2 Exc Le Lowe basen 0: Dass: Income eli $n en econami meausod of sie th. syuaclily clemand far a gerd “ atie iin i Mimecanca, Epes WOWAH __ Malena fieally Ik fy expecscad as: J loconne cleat of Demande Achange inca llldomarcd or Sepene i Specks }% Motessed aba Eye 4 hese, Ay 4. Eye Elasticity of dearand ar pail dal nae Coy emacs So a By. CRange S conse V Rex Ercag ‘ Suppese that the taffal foveme ef _pokicn i | fet. ot cota by 5 80 tnTs linen HPs faceme tneceges to Re. 3 nt demerclecl by fan alo tautencs fo Ug enfft Find ot the treme elaslfeliy of demand. | Solution: Here ope les volT Na,=(to-A6) vos uk 4s Rs.d000 — te Rs(3000-2¢20)e Rs. long l Ni Income Lh Be Zoe Income £1 stall, igemoced es) d [dt Positive bneame Elastea of derand I If tre quanti) déaraVed fal a com sll ce Sncecases «Th ti$o tn tacerne f fhe conto ome clas HDF VJ and te veosn, Tf sate fo be £ demard. fee examples AS int Yocernc_ef consemed, ~ | fb, | © \neorne_ elas feet depeche unity Coyal) I Fe tome etsy of deena ¥ once bea th ont eshen Ee deniand fol 4 = Pxadhscs a : I moot bebn caccolage 6YSC_gn foceant f hee ewamples i fre Soyome ‘eee fy 5a and || J demand otis — $ooz.. lo,such 4 cond, [he remedial value of tome lalidy of danand cel) be | moe than 99¢ (eysth i iL han propre Renate ‘yp te Ge tn seme plies that ue : = | x Income elasitely less tron wey lope (eye: <3) IL Income last Lo less than te vol B shen the demand Wot ¢ conamnacliiy inccoases les wh u ed 6 1655 than F pepetlterele chande Yn trvome’ Ts ntclal_eyat te oy Legal) Epa To Nncco elasitve of : Lahn the demon) fat ¢ a ane ti das S fo the_ Semi pecpetlfion as the’ Cie fo treerbe ar Ze er of Dernand Wthe othe 99 Facer jh yell cleaned | Semctes uthanged, tie treme clhylp-b! « called zeeo treason el Ty Veloso, te The tcome elqilily ct dtmard iste nivewsel vale Fs rcéo Tee 1. beccuse prose 2% ro cHock oP incgease to Consurce% on the demand of peccheb The fnctere elastin, cb demand & z260(%4<0)w case sole secclh Spl li ie “ppl 4 ls! tre treme chaste. cb re id conturerk oi beclue wh fie gna cent ites evel wie C650 gen the OF Tecan Euan = Ubel 1oad_g liq Demand * = elit os clossifiatiin of cosmal and icfeciat Heads = lebl s mabing eros cul op lef cabin cused = Namal = lofesiog 4 aQaaos chide a Cot ae pe plex facem. {0 nespisacy Il 6 ccerebstin fixe decnaaclt ef doit batoge os Abb Toco Go », bot es UBL ricuc 6 ages. un oh Paceme elas teciDy of de bod of 90 ews. 4 % lo tart tho neersa good. a coma! a The facame elas lly of Cemancl gl sbme fee cial Qi fa dffadonl oon l Sface_ 1.43 % ge0qlee Phan deve cnn conducle hak te demadd fy claslt 5 meant ot bral he Ka dan fa_ot a fae ( ® constleged “4 (oe? Teosy of Demand slolh tre oclalienshagp boteon the Bolte of goals arc! f Guana demanded It the poate of Q % demand aleccedbr anc vite ye6sg. The bel oe ot Soguste Facecases byer| ndlesslane) bee lausef clomand , the Seite uedeaslond ged ~~ diffesent pak 9 ts OU GO Affesont walt it——

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