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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: The price elasticity of demand is measured as
Post by: Sublight2097 on Jun 20, 2015
The price elasticity of demand is measured as
A) the ratio of the typical consumer's quantity demanded to the entire quantity demanded in the market.
B) the percentage change in quantity demanded divided by the percentage change in price.
C) the number of purchases divided by the price of the product.
D) price divided by quantity.
E) quantity divided by price.


Title: Re: The price elasticity of demand is measured as
Post by: Dropx on Aug 18, 2015
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Title: Re: The price elasticity of demand is measured as
Post by: Sublight2097 on Aug 31, 2015
I've noticed they use a lot of trickery with their questions. Thank you for your input.


Title: Re: The price elasticity of demand is measured as
Post by: Dropx on Aug 31, 2015
Thanks for updating the community. A lot posters don't realize how important feedback is!