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Homework answers / question archive / As the price of samosas (a kind of food in India) was raised from 2 to 3 rupees (Indian currency), their quantity demanded fell from 15,000 to 12,000

As the price of samosas (a kind of food in India) was raised from 2 to 3 rupees (Indian currency), their quantity demanded fell from 15,000 to 12,000

Economics

As the price of samosas (a kind of food in India) was raised from 2 to 3 rupees (Indian currency), their quantity demanded fell from 15,000 to 12,000. Rounding to the nearest tenth, the elasticity of demand of samosas is:

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