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If the local pizzeria raises the price of a medium pizza from Rs.60 to Rs.100 and quantity demanded falls from 700 pizzas a night to 100 pizzas a night, using arc Elasticity Method the price elasticity of demand for pizzas is: (Use arc Elasticity Method)a).67b)1.5c)2.0d)3.0Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If the local pizzeria raises the price of a medium pizza from Rs.60 to Rs.100 and quantity demanded falls from 700 pizzas a night to 100 pizzas a night, using arc Elasticity Method the price elasticity of demand for pizzas is: (Use arc Elasticity Method)a).67b)1.5c)2.0d)3.0Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the local pizzeria raises the price of a medium pizza from Rs.60 to Rs.100 and quantity demanded falls from 700 pizzas a night to 100 pizzas a night, using arc Elasticity Method the price elasticity of demand for pizzas is: (Use arc Elasticity Method)a).67b)1.5c)2.0d)3.0Correct answer is option 'D'. Can you explain this answer?.

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