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Price Elasticity of Demand Is Calculated by Dividing the _____

Question 101

Multiple Choice

Price elasticity of demand is calculated by dividing the _____ by the _____.


A) percent change in price; percent change in quantity demanded
B) percent change in price; percent change in quantity supplied
C) percent change in quantity demanded; percent change in income
D) percent change in quantity demanded; percent change in price

Correct Answer:

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