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Percentage change: [...]\text{[...]}[...].
A
% ΔX=ΔXX1×100\%\,\Delta X = \dfrac{\Delta X}{X_1} \times 100%ΔX=X1ΔX×100
B
% ΔX=X0ΔX×100\%\,\Delta X = \dfrac{X_0}{\Delta X} \times 100%ΔX=ΔXX0×100
C
% ΔX=ΔXX0\%\,\Delta X = \dfrac{\Delta X}{X_0}%ΔX=X0ΔX
D
% ΔX=ΔXX0×100\%\,\Delta X = \dfrac{\Delta X}{X_0} \times 100%ΔX=X0ΔX×100
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2.2.2 formulae for and calculation of price elasticity, income elasticity and cross elasticity of demand Flashcards
27 flashcards on CIE Intl A Level Economics 2.2.2 formulae for and calculation of price elasticity, income elasticity and cross elasticity of demand: the key terms and definitions you need to recall.