Answer:
0.5
Explanation:
The price elasticity of demand (PED) measures how a 1% change in the price of a good or service changes the quantity demanded.
in this case the PED = -5% / 10% = -0.5
PED is usually measured in absolute terms = 0.5, this means that the demand is price inelastic. A change in the price will result in a smaller proportional change in the quantity demanded.
