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The numerical measure of elasticity is
Question 1
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The numerical measure of elasticity is
\(\frac{\text{%change in Q}}{\text{%change in P}}\)
\(\frac{\text{change in Q}}{\text{change in P}}\)
\(\frac{\text{%change in P}}{\text{%change in Q}}\)
\(\frac{\text{change in P plus change in Q}}{\text{change in P}}\)
Answer Details
Read lesson note on The Theory Of Demand (JAMB)
Read lesson note on Economics As A Science (JAMB)
The Theory Of Demand
Economics As A Science
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