Q.
1
(Where Ed = elasticity of demand, Q = Quantity, P = Price and Δ = represents change)
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A
Ed = ΔQ/Q×ΔP/P
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B
Ed = ΔQ/Q÷ΔP/P
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C
Ed = ΔP/ΔQ×Q/Y
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D
Ed= ΔP/P÷ΔQ/Q