The elasticity of variable g with respect to variable s is, Business Economics

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The elasticity of variable g with respect to variable s is

The elasticity of variable G with respect to variable S is defined as:

a. the percentage change in variable G that results from a given percentage change in variable S.

b. the percentage change in variable G that results from a given change in variable S.

c .the change in variable G that results from a given percentage change in variable S.

d. the change in variable G that results from a given change in variable S.

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Business Economics: The elasticity of variable g with respect to variable s is

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Business Economics: The elasticity of variable g with respect to variable s is

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