The first demand-side elasticity discussed in class

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The first demand-side elasticity discussed in class and the readings was the price elasticity of demand (ED). It is defined as the

percentage change in quantity demanded divided by the percentage change in price

percentage change in price divided by the percentage change in quantity demanded

change in price divided by the change in quantity demanded

change in quantity demanded divided by the change in price

Reference no: EM131006485

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