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Measuring the elasticity of price transmission

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Reference no: EM131773847

Question: The elasticity of price transmission measures:

A. the percentage change in a quantity of one commodity with respect to the percentage change in a quantity of another commodity

B. the percentage change in a quantity of one commodity with respect to the percentage change in a price of another commodity

C. the percentage change in a price of one commodity with respect to the percentage change in a quantity of another commodity

D. the percentage change in a price of one commodity with respect to the percentage change in a price of another commodity

Reference no: EM131773847

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