The Price Elasticity of Demand Is Measured By

question 141

Multiple Choice

The price elasticity of demand is measured by:

• A) dividing the percentage change in price by the percentage change in quantity demanded.
• B) dividing the percentage change in quantity demanded by the percentage change in price.
• C) subtracting the percentage change in price from the percentage in quantity demanded.
• D) adding the percentage change in price to the percentage change in quantity demanded.

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