Business Economics

Price elasticity is computed by

A.	e_p =( (P₁ - P₂) / Q₁ ) X ((P₁+P₂) / Q₂)
B.	e_p = (((Q₂- Q₁) / Q₁ ) / P₁) X 100
C.	e_p = ((Q₂- Q₁) / Q₁ ) / ((P₂- P₁) / P₁)
D.	e_p = (((Q₂- Q₁) / Q₁ ) / Product) X 100
	Answer : C Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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