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    The Ratio of the Percentage Change in Quantity Demanded to the Percentage
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The Ratio of the Percentage Change in Quantity Demanded to the Percentage

Question 120

Question 120

Multiple Choice

The ratio of the percentage change in quantity demanded to the percentage change in price is the _____ elasticity of demand.


A) price
B) quantity
C) income
D) cross-price

Correct Answer:

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