Price elasticity of demand is _ _ divided by .
A)demand;price
B)percent change in price;percent change in quantity demanded
C)the going price;the asking price
D)retail value;list price
E)percent change in quantity demanded;percent change in price

Question

Quizplus · Accepted Answer

Price elasticity of demand is calculated as the percent change in quantity demanded divided by the percent change in price.

Price Elasticity of Demand Is _ _ Divided by