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ICSE Class 10 Answered

What is the formula to calculate the price elasticity of demand?
Asked by Topperlearning User | 22 Apr, 2015, 09:12: AM
answered-by-expert Expert Answer

Price Elasticity of Demand = Percentage change in quantity demanded/Percentage change in price

Answered by | 22 Apr, 2015, 11:12: AM
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