Percentage change is calculated as Group of answer choices the change in elasticity divided by the quantity. quantity divided by the change in quantity. the change in quantity divided by the quantity. g

the change in quantity divided by the quantity.

Explanation:

Percentage Change in any variable is calculated by:

(Change in Variable / Variable old value) x 100; where

Change in Variable = Variable New Value - Variable Old Value

Example : If Price change from 10 to 15

Percentage change in price = (Change in Price / Old Price) x 100

= [ (15-10) / 10] x 100

= [ 5/10 ] x 100

= 50%