For a price change from P₁ to P₂ the change in quantity demanded is from Q₁ to Q₂ andprice elasticity of demand would be A) [(P₁-P₂)/(P₁+P₂)] / [(Q₁-Q₂)/(Q₁+Q₂)] B) [(P₁+P₂)/(P₁-P₂)] / [(Q₁+Q₂)/(Q₁-Q₂)] C) [(Q₁-Q₂)/(Q₁+Q₂)]/2 / [(P₁-P₂)/(P₁+P₂)]/2 D) [(Q₁+Q₂)/(Q₁-Q₂)] / [(P₁+P₂)/(P₁-P₂)] E) [(Q₁+Q₂)/(Q₁-Q₂)/2] / [(P₁+P₂)/(P₁-P₂)/2]

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The Answer of For a price change from P₁ to P₂ the change in quantity demanded is from Q₁ to Q₂ andprice elasticity of demand would be A) [(P₁-P₂)/(P₁+P₂)] / [(Q₁-Q₂)/(Q₁+Q₂)] B) [(P₁+P₂)/(P₁-P₂)] / [(Q₁+Q₂)/(Q₁-Q₂)] C) [(Q₁-Q₂)/(Q₁+Q₂)]/2 / [(P₁-P₂)/(P₁+P₂)]/2 D) [(Q₁+Q₂)/(Q₁-Q₂)] / [(P₁+P₂)/(P₁-P₂)] E) [(Q₁+Q₂)/(Q₁-Q₂)/2] / [(P₁+P₂)/(P₁-P₂)/2]

For a Price Change from P1 to P2 the Change

For a Price Change from P₁ to P₂ the Change