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?
The original IBM PC used 5.25-inch floppy disks to store its operating system and programs. IBM referred to the new hard disk as a Fixed Disk. Today, even a the operating system wont fit on a 10 MB disk.