Price elasticity of demand is defined as
A) the percentage change in the quantity demanded of some product resulting from a one percent change in price.
B) the percentage change in the quantity demanded of some product resulting from a change in price.
C) the change in quantity demanded resulting from a one percent change in price.
D) the change in quantity demanded resulting from a change in price.
A
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The law of diminishing marginal utility states that it is impossible to produce more of one good without decreasing the quantity produced of another good
a. True b. False Indicate whether the statement is true or false
The English Parliament regulates companies that trade stock publicly through a law known as the:
A. Leverage Act. B. Bubble Act. C. Company Act. D. Anti-Corruption Act.