The price elasticity of demand is the ?
Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.
A. ratio of the change in quantity demanded to the change in price.
B. ratio of the change in price to the change in quantity demanded.
C. ratio of the percentage change in price to the percentage change in quantity demanded.
Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.