Outlay method of measurement of elasticity is also called as

Related MCQs

• Which one is the method for measurement of elasticity
• …………Method is also known as Sales‐ Force –Composite method or collective opinion method
• …….method measures elasticity between two points
• Method of demand forecasting is also called “economic model building”
• If the income elasticity of demand is that one, the good is a
• The income elasticity of demand is negative for a
• Perfect elasticity is known as
• In the case of perfect elasticity, the demand curve is
• A demand curve which takes the form of horizontal line parallel to quantity axis illustrates elasticity which is:
• Consider a demand curve which takes the form of a straight line cutting both axes. Elasticity at the mid-point of the line would be: