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Arc and revenue method

Lesson 18 of 48 • 16 upvotes • 13:12mins

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Shakuntla Garg

Method of measuring price elasticity of demand - arc and revenue method

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1

Overview of Business Economics Syllabus (in Hindi)

6:50mins

2

Meaning and Scope of Business Economics (in Hindi)

8:39mins

3

Scope of Business Economics (in Hindi)

9:45mins

4

Objective of a Firm (in Hindi)

12:08mins

5

Objective of Firm 2nd Part (in Hindi)

12:33mins

6

Objective of Firm Part 3 (in Hindi)

12:05mins

7

Law of demand

11:31mins

8

Law of demand (part2)

8:23mins

9

Determinants of law of demand

11:58mins

10

Determinants part 2

11:47mins

11

Assumption of law of demand

13:47mins

12

Exception of law of demand

11:47mins

13

Movement and shift in demand curve

8:52mins

14

Elasticity of demand

10:43mins

15

Degree of price elasticity of demand

15:00mins

16

Method of price elasticity

12:23mins

17

Percentage method

13:41mins

18

Arc and revenue method

13:12mins

19

Income elasticity of demand

13:46mins

20

Cross elasticity of demand

14:54mins

21

Utility analysis

13:40mins

22

Cardinal utility

14:58mins

23

Relation between total utility and marginal utility

12:41mins

24

Relation between total utility and marginal utility

11:42mins

25

Law of diminshng marginal utility

10:42mins

26

Assumption of law of diminshng MU

13:04mins

27

Causes of law of diminshng MU

13:33mins

28

Law of equi marginal utility

14:27mins

29

Consumer equilibrium

11:07mins

30

Ordinal utility (indifference curve)

11:55mins

31

Indifference curve

14:59mins

32

Marginal rate of substitution

14:50mins

33

Consumer equillibrium

15:00mins

34

Production function

14:32mins

35

Production function 1

14:33mins

36

Production 4

9:19mins

37

Production function 2

14:51mins

38

Returns to scale

12:23mins

39

Returns to scale 1

9:55mins

40

Cost types part 1

14:30mins

41

Various types of cost

11:52mins

42

Cost type part 2

14:45mins

43

Cost concept

15:00mins

44

Cost concpets part 1

14:18mins

45

Why AC curve slope downward (short run)

15:00mins

46

Economies of scale

14:32mins

47

External economies of scale

14:38mins

48

Forms of market

14:46mins

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