Economy, asked by gauravpatilgg9595, 1 month ago

is used to measure the rate of responsive of quantity demamded to change in price of that product​

Answers

Answered by SmitaMissinnocent
2

Answer:

arc price elasticity of demand

The arc price elasticity of demand measures the responsiveness of quantity demanded to a price. It takes the elasticity of demand at a particular point on the demand curve, or between two points on the curve.

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