हिंदी

Which method measures elasticity between two points on the demand curve and is useful for large price and quantity changes?

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प्रश्न

Which method measures elasticity between two points on the demand curve and is useful for large price and quantity changes?

विकल्प

  • Arc Elasticity Method

  • Revenue Method

  • Point Elasticity Method

  • Total Expenditure Method

MCQ
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उत्तर

Arc Elasticity Method

Explanation:

Arc elasticity measures average elasticity between two points, making it suitable when there are significant changes in price and quantity.

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