Explain percentage change in price divided by the percentage

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Reference no: EM1353028

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.

Reference no: EM1353028

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