question archive Suppose the quantity of fish purchased by Mr

Suppose the quantity of fish purchased by Mr

Subject:EconomicsPrice:2.88 Bought3

Suppose the quantity of fish purchased by Mr. Singh's family is 21 kilos per year when the price is $11.50 per kilo and 17 kilos per year when the price is $20.50 per kilo.

Calculate the price elasticity of demand coefficient for Mr. Singh's family.

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