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Complete the correlation: Ratio method : Ed = QP%△Q%△P :: _______ : Ed = Lower segmentUpper segmentLower segmentUpper segment - Economics

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Question

Complete the correlation:

Ratio method : Ed = `(%triangle"Q")/(%triangle"P")` :: _______ : Ed = `"Lower segment"/"Upper segment"`

Correlation/Analogy/Related Words
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Solution

Ratio method : Ed = `(%triangle"Q")/(%triangle"P")` :: Point or Geometric Method : Ed = `"Lower segment"/"Upper segment"`

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Chapter 3.2: Elasticity of Demand - EXERCISE [Page 35]

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Balbharati Economics [English] Standard 12 Maharashtra State Board
Chapter 3.2 Elasticity of Demand
EXERCISE | Q 3. 5) | Page 35
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