In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/Phrase. Live from hand to mouth
A) Filthy rich people
B) To be dependent on others
C) To have enough money to live on and nothing extra
D) Living in miserable conditions.
A) Filthy rich people
B) To be dependent on others
C) To have enough money to live on and nothing extra
If price of an article decreases from Rs P1 to Rs 190, when quantity demanded increases from 5000 units to 5200 units, and if point elasticity of demand is -0.8 find P1?