Methods of measuring price elasticity.
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Hey mate here is ur answer
Flux or proportionate method
Expenditure method
geometric method
Hope it will help u
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Answer:
Explanation:
Measuring Price Elasticity of Demand: 4 Methods
- The Percentage Method: The price elasticity of demand is measured by its coefficient (Ep). ..
- The Point Method: Prof. Marshall devised a geometrical method for measuring elasticity at a point on the demand curve. ...
- The Arc Method: ...
- The Total Outlay Method:
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