The Formula for the Point Price Elasticity Can Be Written $\eta$

question 24

Multiple Choice

The formula for the point price elasticity can be written as:

• A) \(\eta\) = (\(\Delta\)Q / \(\Delta\)P)(P / Q).
• B) \(\eta\) = (\(\Delta\)P / \(\Delta\)Q)(P / Q).
• C) \(\eta\) = (\(\Delta\)Q / \(\Delta\)P)(Q / P).
• D) \(\eta\) = (\(\Delta\)P / \(\Delta\)Q)(Q / P).
• E) none of the above.

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