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30-05-2024
Business

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The price elasticity of demand, computed as the _, measures how much _.
A) percentage change in quantity demanded divided by the percentage change in price, price responds to a change in demand
B) change in quantity demanded divided by the change in price, price responds to a change in demand quantity
C) quantity demanded divided by price, quantity demanded responds to a change in price
D) percentage change in quantity demanded divided by the percentage change in price, quantity demanded responds to a change in price
E) change in quantity demanded divided by the change in the price, price responds to a change in demand

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