Explain measurement of Price Elasticity of Demand.
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There are 4 ways for measure the price elasticity of demand.
1)The Percentage method.
2) the point method.
3)the arc method
4)the total outlay method
1)The Percentage method.
2) the point method.
3)the arc method
4)the total outlay method
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Hey mate ✌️✌️
ANSWER ⏬⏬⏬
⏺️Percentage method
⏺️Outlay method
⏺️Arc method
ANSWER ⏬⏬⏬
⏺️Percentage method
⏺️Outlay method
⏺️Arc method
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