Author Question: The price elasticity of demand is calculated as the A) percentage change in quantity demanded ... (Read 128 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
The price elasticity of demand is calculated as the
 
  A) percentage change in quantity demanded multiplied by the percentage change in price.
  B) percentage change in quantity demanded divided by the percentage change in price.
  C) percentage change in price divided by the percentage change in quantity demanded.
  D) percentage change in quantity demanded plus the percentage change in price.

Question 2

Part-time workers are considered both a part of the labor force and employed.
 
  Indicate whether the statement is true or false



AaaA

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

B

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library