Economy, asked by Anonymous, 1 year ago

methods of calculating price elasticity of demand

Answers

Answered by Anonymous

Percentage method. The percentage method measures price elasticity of demand by dividing the percentage change in amount demand by percentage change in price of commodity. ...Total expenditure method. ...Point elasticity method

Answered by Anonymous

Answer:

Formula to calculate Price Elasticity of Demand :)

Price Elasticity of Demand = Percentage change in quantity demanded / Percentage change in the price.

Previous Question

Next Question

Similar questions

History, 7 months ago

Development of stone tool in Mesolithic period...

English, 7 months ago

it is strong . elastic and light . it is lustrous and easy to wash. so it becoMrs very popular for making clothes Full answer...

Biology, 7 months ago

rough endoplasmic reticulum helps in the manufacture of...

Physics, 1 year ago

define the terms of wavelength and frequency of a wave drive the relation between wave speed wavelength and frequency for 5 marks...

Science, 1 year ago

push or pull of any kind is called...

Biology, 1 year ago

carrot and ginger are homologous or analogous organ...

CBSE BOARD X, 1 year ago

How did ’Chipko Andolan/ ultimately benefit the local people? Explain briefly.

CBSE BOARD X, 1 year ago

List two properties of the images formed by convex mirrors. Draw ray diagram in support of your answer.