What are the methods adopted to measure the elasticity of demand ? Don't copy answer from internet
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There are four methods of measuring elasticity of demand. They are the percentage method, point method, arc method and expenditure method.
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Answer:
Main Methods adopted to Measure
the Elasticity of Demand are :-
- Percentage/Proportionate Method
- Point/Geometric Method
- Arc Method
- Total Expenditure Method
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