Computer Science, asked by kashishsahu29, 5 hours ago

difference between point elasticity and arc elasticityof demand?

Answers

Answered by trisha8970

2

As we explained above, arc elasticity is a concept based on finite changes in quantity demanded and price between two points on the demand curve. Point elasticity is a concept based on infinitesimal changes in quantity demanded and price from the point on the demand curve. ... called point elasticity.”

Answered by ritik4803

1

Answer:

As we explained above, arc elasticity is a concept based on finite changes in quantity demanded and price between two points on the demand curve. Point elasticity is a concept based on infinitesimal changes in quantity demanded and price from the point on the demand curve. ... called point elasticity."

Explanation:

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