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If P Is the Price of a Good and Q

Question 92

Multiple Choice

If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is


A) ( If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. P/P) /( If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. Q/Q) .
B) ( If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. Q/Q) /( If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. P/P) .
C) If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. P/ If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. Q.
D) If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. Q/ If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. P.
E) ( If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. P/P) / If P is the price of a good and Q is the quantity demanded of the good at that price,then the correct mathematical statement of the price elasticity of demand is A) ( P/P) /( Q/Q) . B) ( Q/Q) /( P/P) . C) P/ Q. D) Q/ P. E) ( P/P) / Q. Q.

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