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Business Analytics · End Term · 10 May 2026 · January 2026 term

Question 28: What is the elasticity of the linear demand-response cur…

Question 28

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The following scenario is purely hypothetical The demand for ice creams at different prices in the supermarket at IITM is specified in Table-2. Given this data, answer the given subquestions

The following scenario is purely hypothetical The demand for ice creams at different prices in the supermarket at IITM

What is the elasticity of the linear demand-response curve, when the price is Rs. 175? (Note: Enter your answer in decimal values rounded to two decimal places. For example, if your answer is “1.235”, then enter the answer as “1.24”)

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Question 28 of 51 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 10 May 2026, in the January 2026 term (Business Analytics 06 May 26). It carries 1 mark.

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