Economics 0455 · IGCSE · Price elasticity of supply (PES)

Price elasticity of supply (PES) — practice question

Which formula is used to calculate price elasticity of supply?

  • Athe percentage change in price divided by the change in quantity supplied
  • Bthe percentage change in price divided by the percentage change in quantity supplied
  • Cthe percentage change in quantity supplied divided by the change in price
  • Dthe percentage change in quantity supplied divided by the percentage change in price

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