Which expressions correctly states the version of the elasticity formula to predict the change in quantity demanded?

3 answers
Question:

Which expressions correctly states the version of the elasticity formula to predict the change in quantity demanded?

Answers

a. percentage  change  in  quantity  demanded  divided  by  percentage  change  in  price  equals  price elasticity of demand

Explanation:

As we know that

The price elasticity of demand shows the relationship between the change or varied in quantity demanded with respect to change or varied in price

Here the change or varied in quantity demanded comes on the numerator side while the change or varied in price comes on the denominator side

So the first option is correct

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