Elasticity can be defined as percentage change in demand, Operation Management

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Elasticity can be defined as percentage change in demand

Elasticity can be defined as percentage change in demand for a 1% change in decision attribute. For linear aggregate demand, what is the mathematical representation/formula for this statement? You must define the parameters you choose to use for this answer.

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Operation Management: Elasticity can be defined as percentage change in demand

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Operation Management: Elasticity can be defined as percentage change in demand

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