Write the symbol of elasticity.
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Explanation:
Price elasticity of demand formula
The symbol η represents the price elasticity of demand. The symbol Q0 represents the initial quantity demanded that exists when the price equals P0. The symbol Q1 represents the new quantity demanded that exists when the price changes to P1.
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Answer:
The symbol η represents the price elasticity of demand. The symbol Q0 represents the initial quantity demanded that exists when the price equals P0. The symbol Q1 represents the new quantity demanded that exists when the price changes to P1.
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