The price of pen in the market is RO 2 and the demand is 350 units. When price increased to RO 3 then the demand changed to 280 units. What will be the price elasticity of demand? 4 0.4 25 0.50 0.75 Identify the average fixed cost (AFC) if the output is 20 units and total fixed cost is RO 200: 80 60 20 10 The price of Fruits in a market is RO 5 per Kg and the demand is 400Kgs. When price decreased to RO 4 per Kg, then the demand changed to 520 Kgs. What will be the price elasticity of demand? 0.66 0.92 0.50 1.5 Please answer only without steps of solving
The price of Fruits in a market is RO 5 per Kg and the demand is 400Kgs. When price decreased to RO 4 per Kg, then the demand changed to 520 Kgs. What will be the price elasticity of demand? 0.66 0.92 0.50 1.5 Mariya has the option of purchasing one of the two products: Brand- of RO 10 or Brand-B of RO 20. If she decides that Brand-A meets her needs best, then the opportunity cost of her decision is None of the given options OMR 10 OMR 30 OMR 20