Economy, asked by wwwpayalshah0406com, 11 months ago

what is the formula of total expenditure method in microeconomics

Answers

Answered by infernoperspective
0

Total Expenditure method is used to measure the price elasticity of demand.

Elasticity of demand can be measured by considering the change in price and subsequent change in total amount of goods purchased and total amount of money spent on it.

Answered by advsugatamaiti
0

Answer:

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Explanation:

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