Quantity demanded divided by the percentage

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Important information about Economics - Price Elasticity of Demand

The price elasticity of demand is calculated as:

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

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

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

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

Reference no: EM1328395

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