Economy, asked by ruchikarajput9811, 10 months ago

Methods of measuring price elasticity.

Answers

Answered by tiwarichanda985
2

Hey mate here is ur answer

Flux or proportionate method

Expenditure method

geometric method

Hope it will help u

If you are satisfied with my answer then Mark it as brainliest.

Answered by rb6864941
3

Answer:

Explanation:

Measuring Price Elasticity of Demand: 4 Methods

  1. The Percentage Method: The price elasticity of demand is measured by its coefficient (Ep). ..
  2. The Point Method: Prof. Marshall devised a geometrical method for measuring elasticity at a point on the demand curve. ...
  3. The Arc Method: ...
  4. The Total Outlay Method:
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