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Board Question Paper : July 2022 — Statistics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceStatisticsBoard Question Paper : July 20221 Mark
MCQ
What is the formula for elasticity of demand?
  • ✓
    $-\frac{p}{x} \cdot \frac{d x}{d p}$
  • B
    $\frac{p}{x} \cdot \frac{d x}{d p}$
  • C
    $-\frac{x}{p} \cdot \frac{d p}{d x}$
  • D
    $-\frac{p}{x} \cdot \frac{d p}{d x}$
✓

Answer

Correct option: A.
$-\frac{p}{x} \cdot \frac{d x}{d p}$

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