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What are methods of measuring price elasticity of demand?​

Answer»

Answer:

Measuring PRICE Elasticity of DEMAND: 4 Methods

The Percentage Method: The price elasticity of demand is measured by its coefficient (Ep). ...

The Point Method: Prof. ...

The Arc Method: We have studied the measurement of elasticity at a point on a demand CURVE. ...

The TOTAL OUTLAY Method:



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