Ask
Login
0
2.0kviews
Explain, Point Elasticity of Demand.
written 3.6 years ago by gravatar for prajapatijaimin prajapatijaimin • 3.3k •   modified 3.6 years ago
economics and management
ADD COMMENT EDIT
1 Answer
0
81views
written 3.6 years ago by gravatar for prajapatijaimin prajapatijaimin • 3.3k

Solution:

Point Elasticity of Demand:

  • When there is minor percentage change in price & demand then point elasticity of demand method is useful for the economist.

  • Price elasticity of demand can also be measured with the help of what is known as the ―Point Method.

  • According to this method , …

Create a free account to keep reading this post.

and 5 others joined a min ago.

ADD COMMENT EDIT
Please log in to add an answer.