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Elasticity : Arc method

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bhuvanaaraj
 
Reply Tue 23 Jun, 2015 08:54 am
Do we have to put a negative sign in arc method formula ? If so , why ?
What is the formula for arc method ? Which method is optimal for calculating
elasticity of demand ?
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Ragman
 
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Reply Tue 23 Jun, 2015 09:40 am
@bhuvanaaraj,
Your answer is found at the following Wiki link:

https://en.wikipedia.org/wiki/Arc_elasticity
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