Question on: SS1 Economics - Elasticity Of Demand
What is the formula for the elasticity of demand?
View related lesson
A
Percentage change in quantity demanded divided by percentage change in price
B
Percentage change in price divided by percentage change in quantity demanded
C
Price times quantity demanded
D
Quantity demanded divided by price
Ask EduPadi AI for a detailed answer
Correct Option: A
Add your answer
Please share this, thanks!
No responses