![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
Which one of the following elasticities takes the average of prices and quantities: |
A. | Point elasticity of demand |
B. | Arc elasticity of demand |
C. | Income elasticity of demand |
D. | Cross elasticity of demand |
Answer» B. Arc elasticity of demand |
View all MCQs in
Micro Economics 1No comments yet