Elasticity of demand with respect to price is

• A. <table><tr><td rowspan="2">elasticity = </td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>%change in demand</center></td></tr><tr><td style="text-align: center;">%change in price</td></tr></table>
• B. <table><tr><td rowspan="2">elasticity = </td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>%change in price</center></td></tr><tr><td style="text-align: center;">%change in demand</td></tr></table>
• C. <table><tr><td rowspan="2">elasticity = </td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>%change in demand</center></td></tr><tr><td style="text-align: center;">%change in supply </td></tr></table>
• D. <table><tr><td rowspan="2">elasticity = </td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>%change in supply</center></td></tr><tr><td style="text-align: center;">%change in price</td></tr></table>