Question: 1. The basic structure of every elasticity measure is a. The percentage change in quantity demanded that results from a ten percent change in price

 1. The basic structure of every elasticity measure is a. The

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

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