Multiple Choice
Which of the following is the formula for the elasticity of Y with respect to X?
A) E = (% Change in Y) /(% Change in X)
B) E = (% Change in X) /(% Change in Y)
C) E = (Change in Y) /(Change in X)
D) E = (Change in X) /(Change in Y)
Correct Answer:
Verified
Related Questions
Q50: Which of the following statements about elasticity
Q51: An inferior good is characterized by
A) A
