Mircoeconomics # 21| Price Elasticity of Demand: Point and ARC formula | TJ Academy

[@soohamBanswal07]

Thank you sir, I am an Indian. I have completed my Master in Economics. 🙏🏼💐

[@Husnain716Nain-cv9cv]

Asslamoalikom brother I am husnain from pakistan I jond BS economic

[@abdulhayee8564]

Hello sir I needed help in Microeconomics

[@javeriamumtaz-jg2hm]

Masha Allah sir your way of teaching is superb....may Allah give u ajar❤

[@anupmakumari1789]

Best teacher... Pls continue your videos sir... We are waiting..

[@Husnain716Nain-cv9cv]

Thanks for ever Sir g this is a very important topic you are very best teacher

[@ifrahmalik03]

Wow BHT axhaw smjhyaa apny.. itnna tw class lecture mein b nhi smjh aya thaa❤️ great work sir.. Thanks 🔥❤️💯

[@TJAcademyofficial]

My pleasure

[@voi079]

Sir love u boht hi zabardast samjaya

[@starfish8410]

Thanks so much sir for your effort, u way to teaching is superb

[@anum4091]

I'm from Pakistan Sialkot thnku Sir

[@haidershaikhh]

Great Sir Itna Easy way me samjha diya apny jazakAllah Sir

[@waylonforest6193]

instablaster.

[@manhaali8339]

Shukariya ♥️🦋

[@k.s.educationcentre8487]

Great work sir

[@economistusama6697]

Awsome sir great.

[@starfish8410]

Bhot acha smjahay, thanks so much

[@daniasaeed1174]

V good

[@hussnainhaider7327]

kamal hai sir

[@spstudypoints9549]

Very nice represent

[@Jalalkhan-7283]

How we differ between small and large change

[@mathsbysh2456]

Very good video Sir New subscriber

[@ahmedrazaansari464]

Salam sir how to contact with you

[@MAayan-uc1is]

Sir 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? Sir yai wala question kaisa solve krna h plz help or is question mai 10 cents diya huwa haan tou sir what is cents?

[@MuhammdAhmed-]

❤❤❤

[@shajihanoor8831]

Mere pass 1 equation hai jo k thora problem create ker rhi hai app please help ker dein

[@m.yousuf2920]

Nice sir

[@suhaibbaig8894]

it means ke p.e.d me change in qd hoga jabke inc.e.d or cross.e.d me change in demand hoga?

[@TJAcademyofficial]

Thank you for your message. Your statement is right when u consider own demand curve. If you are considering cross demand curve in cross elasticity then quantity demand will be right.

[@suhaibbaig8894]

@@TJAcademyofficial JazakAllah

[@simmibelani9540]

Thank you so much

[@mr.education9455]

Sir kb apnay point formula sy Elasticity calculate ki thee to -1 ayee thee or ARC formula sy -11/9 ayee ha jo k -1 sy different h..... So how we can say that ARC formula can also be used in place of Point formula???

[@TJAcademyofficial]

Jb aap small change in price and quantity use krengay to dino formula say almost same answer aayega.

[@eyesha1033]

Thankyou sir👍

[@wellwisher8771]

I love you my boy 😢

[@shajihanoor8831]

Sir mujhy kuch help ki need hai

[@HassnainAlinaqvi]

i am so weak in this subject. Trying alot to understand. Thanks alot to clear my concept

[@TJAcademyofficial]

My pleasure

[@sherlarik3296]

If the elasticity is greater than 1, is demand elastic or inelastic? If the elasticity equals zero, is demand perfectly elastic or perfectly inelastic

[@TJAcademyofficial]

1. Elastic 2. Perfectly Inelastic

[@shajihanoor8831]

Qs = 8 + p Qd = 40 - 2p Is mein upper waly p ki value kese or kahan se lun???

[@globeinside7180]

Arc k formula mi, answer mukhtalif hy.

[@shoaibakhtarshoaibakhtar6896]

sir my first year of b'com I need your help

[@kashifmansab4040]

Sir I Have a question (What if we don't have a initial valu to calculate elasticity via point formula then?) please make video on this.

[@TJAcademyofficial]

Thank you for your message. Write your complete question with other given information

[@kashifmansab4040]

@@TJAcademyofficial Sure. Calculate price elasticity of demand using point elasticity method when the construction industry is in equilibrium and interpret the result. Qd=25000-2P Qs=10000+1P In this price is : 5000 and Qd is 15000 which i calculated to check market equilibrium level

[@TJAcademyofficial]

Use derivative to find ∆Q/∆P from Qd with equilibrium price and quantity (consider as initial price and quantity) Also watch the link below to clear your concept on derivative and elasticity of demand kzbin.info/www/bejne/iZ3Ke6WHnLymfJI

[@kashifmansab4040]

@@TJAcademyofficial Thank you sir i have seen the video it was helpful. Thank you so much