Advertisements
Advertisements
प्रश्न
Distinguish between :
Percentage method of counting elasticity of demand and Geometric method of counting elasticity of demand.
Advertisements
उत्तर
| Basis of Difference | Percentage method of counting elasticity of demand | Geometric method of counting elasticity of demand |
| Method | \[E_d = \frac{\text { Percentage change in demand}}{\text { Percentage change in price}}\]
|
\[E_d = \frac{\text { Lower segment of the demand curve}}{\text { Upper segment of the demand curve}}\]
|
| Also known as | Arithmetic method | Point elasticity method |
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
