Measurement of elasticity of demand
There are four methods of measurement of elasticity of demand. They are:-Total outlay method
Point method
Arc method
Percentage method
Measurement of elasticity of demand
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GP Sir
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GP Sir
GP Sir is a Development Economist and a Banking Professional. He holds M.A. degrees in Economics, Political Science, Rural Development, a B.Ed., and is an MPhil scholar in Economics. He writes to connect economics with people’s lives.
The Economic Frontline is a knowledge-driven platform offering thoughtful economic perspectives, policy-focused, and analytical content on national and global financial trends.
