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Business, 08.10.2019 03:00 maxirico080

How is the price elasticity of demand measured? the price elasticity of demand is measured as
a. the percentage change in the quantity demandedquantity demanded divided by the percentage change in the quantity suppliedquantity supplied.
b. the percentage change in the quantity demanded divided by the percentage change in price.
c. the slope of the demand curve.
d. the change in the quantity demandedthe change in the quantity demanded divided by the change in pricethe change in price.
e. the quantity demandedthe quantity demanded divided by priceprice.

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