Multiple Choice
Demand price elasticity is measured by the:
A) percentage change in income / percentage change in price.
B) percentage change in quantity demanded / percentage change in income.
C) percentage change in price / percentage change in quantity demanded.
D) percentage change in quantity demanded / percent change in price.
E) percentage change in total revenue / percentage change in price.
Correct Answer:
Verified
Correct Answer:
Verified
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