Nachiket posted an Question
August 24, 2020 • 21:11 pm 30 points
  • UGC NET
  • Commerce

5 the various degrees of price elasticity of demand can be shown on a single deman curve as per which one of these following ? total outlay method (a) (b) propo

5 The various degrees of price elasticity of demand can be shown on a single deman curve as per which one of these following ? Total outlay method (A) (B) Proportional method (C) Arc method (D) Geometrical method

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  • Kriti kishor best-answer

    Geometrical method also known as point elasticity method

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    Ronak kumari upadhyay

    The various degrees of price elasticity of demand can be shown on a single demand curve as per total outlay method. In this method, relation between expenditure and price elasticity of demand are measured.

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    Ronak kumari upadhyay best-answer

    Dear student The various degrees of price elasticity of demand can be shown on a single demand curve as per total outlay method. In this method, relation between expenditure and price elasticity of demand are measured.

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