On 28 July 2017, Lok Sabha passed Indian Institutes of Management (IIM) Bill, 2017. The Bill has a provision to place the Annual report of the IIM’s in the parliament and auditing of their accounts by ______.
If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?