Elasticity of demand is given by

a

the prcentage change in quantity demanded divided by the corresponding percentage change in price

b

the percentage change in price divided by the corresponding percentage change in quantity demanded

c

the percentage change in quantity demanded divided by the corresponding price

d

the percentage change in price divided by the corresponding quantity demanded

e

none of the above

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Discussions (3)

Deepthinker581
4 years ago

The answer can also come in this form
%Q/%p

jhoicy faith
9 years ago

A is the answer

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