Question 20

Cross elasticity of demand can be expressed mathematically as:

  • A.(Percentage change in quantity of the commodity X) / (Percentage change in quantity of commodity Y)
  • B.(Percentage change in quantity demanded) / (Percentage change in price)
  • C.(Percentage change in the quantity demanded of the commodity X) / (Percentage change in the price of the commodity Y)
  • D.(Percentage change in quantity demanded) / (Percentage change in income)
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2017/2018
Question no.
#20
Type
Objective

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