Output Elasticity Can Be Defined as The

Multiple Choice

Output elasticity can be defined as the:

A) percentage change in output divided by the (equal) percentage change in all inputs.
B) change in output divided by the change in all inputs.
C) change in inputs divided by the change in output.
D) change in output divided by the change in one input.
E) percentage change in output divided by the (average) percentage change in all inputs.