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The Price Elasticity of Demand Is Measured By

question 62

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The price elasticity of demand is measured by:
A.dividing the percentage change in the price by the percentage change in the quantity demanded.
B.dividing the percentage change in the quantity demanded by the percentage change in the price.
C.subtracting the percentage change in the price from the percentage change in the quantity demanded.
D.adding the percentage change in the price to the percentage change in the quantity demanded.


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