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The percent change in quantity demanded of a good divided by the percent change in income, all other things unchanged, is the _____ elasticity of demand.

User Henok
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The percent change in quantity demanded of a good divided by the percent change in income, all other tings unchanged, is the price elasticity of demand.  This is the equation you will use when finding the price elasticity of demand. Price elasticity of demand is measuring the demand of a product or service when nothing changes besides the price. 
User Jesse Sealand
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