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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.3
Unit 2 – Supply and Demand
2.3 Price Elasticity of Demand
mixed difficulty
How is price elasticity of demand calculated?
By adding the percent change in quantity demanded and the percent change in price.
By dividing the price by the quantity demanded.
By dividing the percent change in quantity demanded by the percent change in price.
By multiplying the price by the quantity demanded.
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AP Microeconomics - 2.3 Price Elasticity of Demand
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Price Elasticity of Demand
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