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2. The formula for price elasticity of demand is the (a) percentage change in quantity demanded divided by percentage change in price (b) change in

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2. The formula for price elasticity of demand is the (a) percentage change in quantity demanded divided by percentage change in price (b) change in quantity demanded divided by change in price. (c) percentage change in price divided by percentage change in quantity demanded (d) change in price divided by change in quantity demanded

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