Since demand is a
decreasing
function of
p
\displaystyle {p}
p
we can write
E
=
−
p
q
⋅
d
q
d
p
\displaystyle {E}=-{\frac{{{p}}}{{{q}}}}\cdot{\frac{{{d}{q}}}{{{d}{p}}}}
E
=
−
q
p
⋅
d
p
d
q
.
False
True
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