The Price Elasticity of Demand Can Be Interpreted as The

Multiple Choice

The price elasticity of demand can be interpreted as the:

A) percentage change in the quantity demanded divided by the percentage change in the good's price.
B) percentage change in the quantity demanded divided by the percentage change in a substitute good's price.
C) percentage change in the good's price divided by the percentage change in quantity demanded.
D) change in the quantity demanded of a good divided by the change in its price.
E) change in the quantity demanded of a good divided by the change in a related good's price.