TOTAL EXPENDITURE Method of Price Elasticity of Demand | Outlay Method | Consumer Behaviour скачать в хорошем качестве

TOTAL EXPENDITURE Method of Price Elasticity of Demand | Outlay Method | Consumer Behaviour

Understand the TOTAL EXPENDITURE Method of Price Elasticity of Demand in this video. Prof. Marshall works out a relationship between price elasticity of demand and total expenditure. The degree of price elasticity of demand is estimated depending on the change in total expenditure following a change in price of the commodity. 1. Price Px Increase or Decrease but the Total Expenditure TE remains constant then there is unitary elasticity. 2. Price Px Increase and Total Expenditure TE Decrease OR Price Px Decrease and Total Expenditure TE Increase then there is more than unitary elasticity. 3. Price Px Increase and Total Expenditure TE Increase OR Price Px Decrease and Total Expenditure TE Decrease then there is less than unitary elasticity. . . . . . 👍 Keep learning and keep growing with us!! You all are invited to join the telegram channels: Class 11 Accounts by CA Manish Mahajan: https://t.me/class11accountsbycamanish Class 11 Economics by CA Manish Mahajan: https://t.me/class11economicsbycamanish Class 12 Accounts by CA Manish Mahajan: https://t.me/class12accountsbycamanish Class 12 Economics by CA Manish Mahajan: https://t.me/class12economicsbycamanish This channel helps you understand the concepts related to : Class 11 Accountancy Class 11 Economics Class 12 Accountancy Class 12 Economics CA and CS Foundation basics. . . . CA Manish Mahajan is a first class commerce graduate from Panjab University, having done his graduation in B.Com (Finance Hons.) from GGDSD College, Chandigarh. He qualified Chartered Accountancy course in 2010 and was placed in merit list (31st All India Rank in Final and 22nd All India Rank in Foundation). He possesses a vast experience of more than 15 Years in teaching Accountancy, Economics and Mathematics to the students of Classes +1 and+2 and also mentored the students of B.Com and CA. He has authored the books on Accountancy, Economics and Indirect Tax Laws. His unique lecture delivery and practical method of teaching, helps the student to easily grasp and remember the subject. This Channel provides all the educational content for the students of class 11 and class 12 for subjects Accounts and Economics. Here you get regular & organized content for complete course study. CA Manish Mahajan Mbl: 7888695588 Concepts Commerce Academy Email: [email protected] My website: https://conceptsacademy.in/   / conceptscommerceacademy     / conceptscommerceacademy   https://play.google.com/store/apps/de... #elasticityofdemand #priceelasticityofdemand #demandelasticity #demand #consumerdemand #quantitydemanded #demandschedule #theoryofdemand #microeconomics #class11 #consumerbehaviour