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Author Question: The price elasticity of demand is calculated as the A) percentage change in quantity demanded ... (Read 95 times)

Jipu 123

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on: Jun 29, 2018
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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


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