The numerical measure of elasticity is

a

\(\frac{\text{%change in Q}}{\text{%change in P}}\)

b

\(\frac{\text{change in Q}}{\text{change in P}}\)

c

\(\frac{\text{%change in P}}{\text{%change in Q}}\)

d

\(\frac{\text{change in P plus change in Q}}{\text{change in P}}\)

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Hopekeys
5 months ago

Option A and C are the same why?

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