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The formula for the price elasticity of demand shows: a. The numerator shows the new quantity while the denominator indicates the new price. b. The

The formula for the price elasticity of demand shows: a. The numerator shows the new quantity while the denominator indicates the new price. b. The numerator shows the original quantity while the denominator is that of the change in price. c. The numerator shows the change in Quantity while the denominator shows the change in Price. d. None of the Others

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