MCQ 11 Mark
What is the formula for elasticity of demand ?
- ✓– $\frac{p}{x} \cdot \frac{d x}{d p}$
- B$\frac{p}{x} \cdot \frac{d x}{d p}$
- C– $\frac{x}{p} \cdot \frac{d p}{d x}$
- D$\frac{p}{x} \cdot \frac{d p}{d x}$
Answer
View full question & answer→Correct option: A.
– $\frac{p}{x} \cdot \frac{d x}{d p}$