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Author Question: More elastic means a. unchanging b. less desirable c. more desirable d. less responsive e. more ... (Read 171 times)

kfurse

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More elastic means
 a. unchanging
  b. less desirable
  c. more desirable
  d. less responsive
  e. more responsive

Question 2

Elasticity measures
 a. whether a price increase causes quantity demanded to increase or decrease
  b. the strength of an economy's tendency to recover from recession
  c. the responsiveness of decision makers to changes in prices, income, or other variables
  d. the profitability of investment in an industry
  e. the long-run flexibility of prices in the economy



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DylanD1323

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Answer to Question 1

E

Answer to Question 2

C




kfurse

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


bassamabas

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Reply 3 on: Yesterday
Excellent

 

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