Mathematically,price Elasticity of Demand Is the Percentage Change in The

question 76

Multiple Choice

Mathematically,price elasticity of demand is the percentage change in the:

• A) quantity demanded of a good in response to a given percentage change in the price of the good.
• B) price of a good that is demanded in response to a given percentage change in quantity.
• C) quantity of a good that is supplied in response to a given percentage change in price.
• D) price of a good that is supplied in response to a given percentage change in quantity.

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