Point elasticity concept was propounded by

Related MCQs

• An individual is spending his entire income on two items A and B equally. If income elasticity of A is 4 what is income elasticity of B
• If an individual is spending his entire income on two items A and B in the ratio of 60:40. If income elasticity of A is 5 what is income elasticity of B
• Point elasticity of demand can be useful in which of the following cases
• A supply curve passing through any point on X axis(quantity) will have elasticity
• Supply curve passing through any point on Y axis(Price) will have elasticity
• Traditional approach to law of Demand was propounded by
• Who propounded X and Y theory of motivation
• Which of the following is not a type of elasticity in economics…………………
• Which of the following is not a method of measurement of price elasticity of demand in economics
• If the price of burger rises from `12 per piece to `20 per piece as a result of which the daily sales decreases from 300 to 200 pieces per day. The price elasticity of demand can be estimated as