This topic contains a solution. Click here to go to the answer

Author Question: Price elasticity of demand is useful because it measures __________ responsiveness to changes in ... (Read 34 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Price elasticity of demand is useful because it measures __________ responsiveness to changes in __________.
 a. taxpayers'; demand
  b. producers'; supply
  c. consumers'; price
  d. consumers'; demand
  e. producers'; income

Question 2

Another word for elasticity is
 a. responsiveness
  b. happiness
  c. bonus
  d. profit
  e. surplus



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

C

Answer to Question 2

A




cagreen833

  • Member
  • Posts: 544
Reply 2 on: Jul 1, 2018
Excellent


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library