Arc elasticity gives a better measure of point elasticity of a curvilinear demand curve as
A. | The curvature of the demand curve over the arc becomes less |
B. | The size of the arc becomes smaller |
C. | Both of the above |
D. | Neither of the above |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |