Lecture 18. Arc Elasticity

[@swarnaswain7155]

You explained very nicely maam... Go on maam I am eager to watch all your videos...

[@kathea.3040]

Thank you!! I was having problems with my homework and this video helped a lot. :)

[@economicsataglancebyshruti8459]

Thanku for being with my channel..

[@naturescare3565]

Thanks maam Elasticity all total got cleared

[@TigerWoodsSithole]

Thank you so much your explanation's are so clear thanks

[@debliss2372]

You are the best mom,I was having problem with Elasticity but you smashed the doubt mam that's perfect method of teaching (African student Graphic Era University "Dehradun city Utarakhand")

[@ganga495]

@Economics at a glance by Shruti mam can you tell me why you have taken 10-8 and not 8-10 as the new price is 8 and old price is 10 as we know that in order to find out change in price we calculate it by taking new price - old price

[@DesginShop]

Well I think it is obvious, in economics we usually ignore the negative sign when calculating elasticity. Therefore the order is not considered as in the case of mathematics but we after the value of the Ep. I hope u understand

[@biswaranjanjena745]

Great lecture mam

[@Sammy-ym6xn]

Thanks so much. Really helpful👍

[@firstnamesecondname8133]

I have a question what is Difference B/w Arc and percentage method? And what's the requirement of arc method.

[@sapnaa1622]

Very clear mam

[@DesginShop]

You are the best 🎉

[@debrajdas7436]

It gives 3marks in my exam☺☺☺. Thanks for this short concept

[@economicsataglancebyshruti8459]

Keep continuing with this channel.. Thanks for this remark

[@krishna3355]

Fabulous Mam...... 💖💖

[@roniahamad6100]

Thank you Mam, thank you So much!!

[@amirarichardson9722]

this helped so much thank you

[@farming8626]

Thank you mam. Your teaching technique is so beautiful , i understand all the thing In a single watching of your video . Please mam cover total agriculture economics by your lecture.

[@economicsataglancebyshruti8459]

Sure

[@farming8626]

@@economicsataglancebyshruti8459 mam currently i am studying 5th semester in b.sc agriculture at BCKV and I prepare for jrf in agriculture economics . Your video is so helpful to me .

[@itishree86]

Understood well..

[@dhavaldwivedi]

Explained Excellently

[@kundankumar-fi3zj]

Perfectly I understood thank you miss

[@ushanthjayakumar5709]

Thank you so much. Very clear now!

[@SurjeetSingh-gr5iz]

Very clear explanation mam🙏

[@Deep393]

Thank you, mam,best explanation, but can you explain this question in Hindi language?

[@suribabuvoduri9272]

THANK YOU 😂❤🎉

[@nischalnareshbayadichhetri1029]

Thank you for your help

[@Maphip]

On the average price and quantity must we always divide by 2

[@economicsataglancebyshruti8459]

Yes Because here we are always finding elasticity between 2 points

[@Maphip]

@@economicsataglancebyshruti8459 ok thanks

[@Maphip]

@@economicsataglancebyshruti8459 so that means if we find elasticity between 3point that means we divide with 3 is it even possible to be 3elasticity price old ,new, current new

[@economicsataglancebyshruti8459]

Arc elasticity is only about 2 points... There is no 3 or more points to consider

[@RSSimpleCooking]

Very nice👍👍

[@economicsataglancebyshruti8459]

Thanku for being with my channel

[@jjphang9656]

very clear explanation. thank you.

[@economicsataglancebyshruti8459]

Thanku so much

[@beholdpeople7554]

Mam has ARC METHOD been changed ? Or still the same? Is there old and new method?

[@economicsataglancebyshruti8459]

It's the same one method Not changed...

[@beholdpeople7554]

@@economicsataglancebyshruti8459 THANK YOU MAM 🙏

[@vaibhavsharma8000]

Thank you so much👍

[@MAayan-uc1is]

Maam ek question hai : The price of a good is $1.20 per unit and annual demand is 800,000 units. Market research indicates that an increase in price of 10 cents per unit will result in a fall in annual demand of 70,000 units. What is the price elasticity of demand measuring the responsiveness of demand over this range of price increase? Maam yai wala question kaisa solve krna h plz help or is question mai 10 cents diya huwa haan tou maam what is cents?

[@ranjanghosh4321]

was a bit confused in the beginning!! so arc elasticity is the mid-point elasticity!

[@economicsataglancebyshruti8459]

Any point you can find using the formula...

[@iqra1946]

thank you so much mam😊😊😊😊

[@thatwasinteresting3319]

Can you calculate Arc elasticity from two Demand Elasticities?

[@economicsataglancebyshruti8459]

See It's calculated only between two points Not between 2 elasticity value

[@Krishnapropertiesamaravati]

beautiful

[@_nevan]

This is same as midpoint formula right ??

[@economicsataglancebyshruti8459]

It's related

[@समाधानफुलसमदरगे]

Thank you mam

[@m.sanjayraghavanvi-b5839]

Super

[@shrutisharma2831]

Hey my name is also SHRUTI

[@SAURABHSINGH-yl9bs]

The demand curve for a particular product is given by: Q=1100-5P. Answer the following questions: What is the arc elasticity of demand when the price is increased from Rs. 100 to Rs. 220?

[@AkashYadav-pg3qf]

2.67

[@SAURABHSINGH-yl9bs]

@@AkashYadav-pg3qf thanks 👍👍👍👍👍😊😊😊😊

[@interestingvideos4776]

👍

[@boscokatala8525]

Please why not 8-10 but 10-8

[@nithishkumarh.s]

Subscribe Akka ✨

[@futureking4071]

Sup

[@gauravrath357]

very clear explanation. thank you.