A Good's Price Elasticity of Demand Can Be Calculated by Using

question 362

Multiple Choice

A good's price elasticity of demand can be calculated by using the formula of

• A) percentage change in price divided by percentage change in quantity demanded.
• B) percentage change in quantity demanded divided by percentage change in price.
• C) percentage change in price divided by percentage change in income.
• D) absolute change in quantity demanded divided by absolute change in price.

---

Definitions:

Firearms

Weapons that launch one or more projectiles at high velocity through the confined burning of a propellant.

Probation Officers

Criminal justice professionals who supervise offenders who have been sentenced to probation instead of, or in addition to, incarceration, ensuring compliance with probation terms.

Eighth Amendment

Part of the U.S. Bill of Rights, prohibiting the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishment.

Excessive Force

The application of an amount and/or frequency of force greater than that required to compel compliance from a willing or unwilling subject.