Which one of the following formula will be used for computing the price elasticity of demand?
| A. | % Change in price/Cost x 100 |
| B. | % Change in quantity demanded/% change in price |
| C. | Change in quantity demanded/Supply x 100 |
| D. | National income/Cost x 100 |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
