ratio of lower segment of demand curve below the point upon upper segment of the demad of above the point is called
Answers
Answered by
0
Answer:
i think ray........................
Answered by
0
The lower the percentage of the lower the required curve over the upper segment of the higher-point requirement is called are:
- Measuring price fluctuations somewhere in the demand curve by measuring the separation of the lower and upper segments is another popular way to measure the point of a price point in a demand curve.
- In point P1, the extension of demand = lower part of the required curve below the given point P2 P4 ÷ The upper part of the required curve above the point is P1 P.
- Therefore, Ed = P1 P4 ÷ P1P. Ed> 1.
- Therefore, the elasticity of the point is measured by the measurement of the lower part of the curve below the given point to the upper part of the curve above the point.
- If the search curve is incorrect, draw a tangent in the space provided, extending it to cut both axes.
Similar questions