Multiple Choice
The price elasticity of demand measures the ________ that results from a ________.
A) change in quantity demanded; change in price
B) change in price; change in the quantity demanded
C) percentage change in price; percentage change in the quantity demanded
D) percentage change in the quantity demanded; percentage change in price
E) percentage change in the quantity demanded; change in price
Correct Answer:
Verified
Correct Answer:
Verified
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