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

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📊 Basics of Economics

Q. 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

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✅ Correct Answer: (C) ∆q/∆p * p/q

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