Learning Contents:                                                              ·          Introduction to Arc Elasticity of Demand ·          Arc Elasticity of Demand is an improvement over the Proportionate method ·          Practical Problems Based on Arc Elasticity of Demand ·          Difference between Proportionate method and Arc Elasticity Method Introduction to Arc Elasticity of Demand (Midpoint method) Arc elasticity of demand measures the elasticity between two price (or two points on the demand curve) usi...