This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economists use elasticity to measure the responsiveness of quantity to a change in price rather than ... (Read 76 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: May 24, 2019
Economists use elasticity to measure the responsiveness of quantity to a change in price rather than the slope of the demand curve because elasticity is
◦ independent of the units of measurement.
◦ dependent on the units of measurement.
◦ easier to calculate.
◦ harder to calculate.
◦ always negative whereas the slope is always positive.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by WWatsford on May 24, 2019

Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
Reply #2 on: May 24, 2019
Excellent


Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: May 24, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Your heart beats over 36 million times a year.

Sample Items from the Brief Multidimensional Measure of Religiousness/Spirituality (BMMRS) Sample Items from the Brief Multidimensional Measure of Religiousness/Spirituality (BMMRS)
Desertification and Climate Change Desertification and Climate Change
How to solve any percent change problem How to solve any percent change problem
Economic activity as viewed by environment and ecological economists Economic activity as viewed by environment and ecological economists
Change is hard at first messy in the middle and gorgeous at the end Change is hard at first messy in the middle and gorgeous at the end
A solenoid has an area of 41.0 cm2. Find the change in magnetic flux through the solenoid. A solenoid has an area of 41.0 cm2. Find the change in magnetic flux through the solenoid.
Video: Smoking Cessation

For a complete list of videos, visit our video library