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When Q = f (P), the elasticity coefficient is measured by:

Question:

When Q = f (P), the elasticity coefficient is measured by:

A.

∆Q/∆P / P/Q

B.

∆P/∆Q * Q/P

C.

∆Q/∆P * P/Q

D.

P/∆Q / Q/P

Answer» c. ∆Q/∆P * P/Q

Note: The above multiple-choice question is for all general and Competitive Exams in India