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Rewrite the correct option in your answer sheet. 1. If the demand equation for a certain commodity is Q = a – bP, then the expression for elasticity of demand is a) Qd P/dP dQd b) Qd P/ dQd dP c) P Qd dQd dP d P Qd/ dP dQd

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Rewrite the correct option in your answer sheet. 1. If the demand equation for a certain commodity is Q = a – bP, then the expression for elasticity of demand is a) Qd P/dP dQd b) Qd P/ dQd dP c) P Qd dQd dP d P Qd/ dP dQd​

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Rewrite the correct option in your answer sheet. 1. If the demand equation for a certain commodity is Q = a – bP, then the expression for elasticity of demand is a) Qd P/dP dQd b) Qd P/ dQd dP c) P Qd dQd dP d P Qd/ dP dQd