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The basic structure of every elasticity measure is Select one: a.the percentage change in quantity demanded that results from a ten-percent change in price. b.the
The basic structure of every elasticity measure is
Select one:
a.the percentage change in quantity demanded that results from a ten-percent change in price.
b.the percentage change in price that results from a one-percent change in quantity demanded.
c.the percentage change in quantity demanded that results from a one-percent change in (price/income/price of related good).
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