Explain percentage change in price divided by the, Ask an Expert

Management Studies

The price elasticity of demand is calculated as the absolute value of the

A) Percentage change in price divided by the percentage change in quantity demanded.

B) change in price divided by the change in quantity demanded.

C) percentage change in quantity demanded divided by the percentage change in price. D) change in quantity demanded divided by the change in price.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9273348

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