If the quantity demanded of a commodity increases from 20 to 30 when there is an increase in price from N4 to N5; the elasticity of demand is? by Sunday | Mar 31 | Economics JAMB | 0 comments A. Zero B. 10 C. 2 D. 1 Correct Answer: Option C = 2 Users Also Read These:Let the quantity demanded in units of a particular…If a 10% rise in price causes a 5% decrease in the…Determine the price elasticity of demand if the…If the quantity supplied of a commodity increases…What is the elasticity of demand for commodity X, if…