Home
Learn about new technologies!

What is the correct answer?

4

To calculate the elasticity of demand, which of the following formula is used?:

A. Percentage change in demand Original demand

B. Proportionate change in demand Proportionate change in price

C. Change in demand Change in price

D. None of the above

Study and Earn Android App
Share this question with your friends
Correct Answer :

B. Proportionate change in demand Proportionate change in price


Please do not use chat terms. Example: avoid using "grt" instead of "great".

Submit
Load More..

Also checkout

Histology MCQ Time and Work MCQ Urologic infections and inflammations MCQ Gravitation MCQ Units, Dimensions and Errors MCQ Rearrangement Set 4 MCQ Gymnosperms MCQ Chemistry in Service of Man MCQ Periodic Classification of Elements MCQ Animal Kingdom MCQ Order & Ranking MCQ Urologic problems in pregnancy MCQ