Changes in price and quantity, measured in terms of the original units, is known as

Relative measure

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Metric measure

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Absolute measure

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Unit measure

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
Absolute measure

Absolute changes in price and quantity are measured in terms of original units. These changes are expressed in the same units.

Suggest Corrections

Similar questions

A quantity measured per unit of time period is known as :

Join BYJU'S Learning Program